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Above the 100dma, 0.7200 Back In.......>

AUSSIE TECHS
AUSSIE TECHS: Above the 100dma, 0.7200 Back In Focus
On Friday we closed above the 50- and 100-dma, returning focus to the upside.
After regaining the 100-dma on Friday the focus turns to the 0.72 level, above
which would bring the Jan 11 high & 76.4% retracement level at 0.7235/40 back
into view. Above here would open the 200dma which currently sits at 0.7299.
Bears need a move back under 0.71, returning the focus to the 38.2% retracement
level at 0.7046.

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