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Another Failed Recovery AUDUSD.........>

AUSSIE TECHS
AUSSIE TECHS: Another Failed Recovery
AUDUSD remains unable to bounce sustainably with the trend of lower highs
remaining intact. This returns the focus to the downside and on the Mar 27 & Mar
20 lows at 0.7069/57. Below here opens the 50% retracement level at 0.7018,
ahead of the key psychological 0.70 level. To mount a sustained recovery bulls
need to close above the 100-dma & Mar 21 high at 0.7150/68, which would here
bringing the Feb 27 high and 200-dma into view at 0.7199/7205. 

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