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(U2) Bearish Outlook


(U2) Trend Needle Still Points South


(U2) Downtrend Intact


(U2) Bear Flag

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AUSSIE: AUD/USD last $0.7179, unch. on the day ahead of the release of the RBA
Dec meeting minutes at 00:30GMT/11:30AEDT. 
- The pair closed a handful of pips higher yesterday and stuck to a tight, 18
pip range. 
- Initial resistance is located at $0.7187, where the rate peaked Monday, and a
break above would open up $0.7196 representing the 50-DMA. On the downside,
initial focus falls on yesterday's low of $0.7169, followed by the lower
Bollinger band (2%) at $0.7142. 
- All eyes are on the RBA meeting minutes coming out within an hour. Elsewhere,
Australian unemployment data is due Thursday.

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