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AUDNZD Weighs AUDUSD continues to......>

AUSSIE TECHS
AUSSIE TECHS: AUDNZD Weighs
AUDUSD continues to generate a more balanced outlook, despite pressure via the
AUDNZD cross after strong NZ Retail Sales. A close above $0.7380 would allow the
pair to break back into its previous trading range and challenge down trendline
resistance from the Jan high at 0.7410 as well as channel top resistance at
0.7453. Bears need to break Friday's low at 0.7253 to shift momentum and retest
the ytd low at 0.7203.

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