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Accelerating Downtrend AUDUSD holds....>

AUSSIE TECHS
AUSSIE TECHS: Accelerating Downtrend
AUDUSD holds toward the lower end of its range and brings the Feb 12 low at
0.7054 back into view. Below here opens the the 50% retracement level at 0.7018
ahead of the psychological 0.70 level. Bulls need to recover the 100-dma at
0.7163 to stabilise the outlook, before challenging the Feb 21 high at 0.7207.
Above here would open a run at the key 200-dma at 0.7248.

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