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Above 21-DMA Would Improve The.........>

AUSSIE TECHS: Above 21-DMA Would Improve The Outlook 
Intraday weakness encountered support just ahead of the 0.69 level before a
slight recovery in risk appetite allowed the pair to rise back into its range.
Bulls target Monday's high at 0.6939 to open the 21-dma just above at 0.6941.
Above here would improve the outlook targeting the May 14 high at 0.6960 ahead
of a run at the 0.7000 level. Bears look to clear 0.69 to return the focus to
the range lows at 0.6865. A break here would accelerate the move towards the
0.6825/40 area which registered a series of previous lows through Jan 2016. 

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