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21-DMA in View Bulls took comfort......>

AUSSIE TECHS
AUSSIE TECHS: 21-DMA in View
Bulls took comfort from Friday's close above 0.69, with the recovery extending
toward 0.6940. A further close above the post election highs at 0.6938 would
cement the uptrend, opening the 21-dma and May 14 high at 0.6958/60. Bears look
to clear 0.69 to return the focus to the range lows at 0.6865. A break here is
needed to accelerate the move towards the 0.6825/40 area which registered a
series of previous lows through Jan 2016.

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