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AUDUSD: Waiting For Bullish............>

AUSSIE TECHS
AUSSIE TECHS: AUDUSD: Waiting For Bullish Confirmation
Friday's break above the Nov 8 high has increased short-term optimism but we
need to see a close above the 61.8% retracement from 0.6828-0.8136 at 0.7328 in
order to see a decisive shift to the bulls. A close above here would see the
0.7400 congestion zone move into focus ahead of the 200-dma at 0.7449. On the
downside, a break below the broken multiyear uptrend support at 0.7225 would
shift the outlook bearish, while a move below 0.7161 would up the Oct 26 low at
0.7021.

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