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AUSSIE TECHS: 50-dma Looks Like Decent Resistance
For a third session, rallies fell short on an approach into the 0.7137 50-dma,
which looks to be building up as decent resistance, and becomes the first target
next week. A close at current levels or lower will shift the focus to the 0.70
level below which resumes the longer term downtrend. Bulls need to recover the
50-dma to improve the outlook and open the key 200-dma at 0.7272.