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AUD Crosses Weigh Failure to close.....>

AUSSIE TECHS
AUSSIE TECHS: AUD Crosses Weigh
Failure to close above 0.7350 yesterday with added weight via the crosses has
seen AUD struggle to gain traction. A close above 0.7382 would be required to
shift the outlook bullish from neutral currently. Trendline resistance from the
Jan high at 0.7410 may also slow progress as well as channel top resistance at
0.7453. A close below yesterday's low at 0.7307 would allow bears to focus on
the YTD low at 0.7203, which needs to hold to prevent a potential downside
acceleration.

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