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Back Above 100-DMA Despite.............>

AUSSIE TECHS
AUSSIE TECHS: Back Above 100-DMA
Despite recovering its 100-dma yesterday, AUDUSD remains below the 0.72 level
and has failed to benefit from improved risk appetite. A strong close above 0.72
is needed to shift the focus back on the Jan 11 high & 76.4% retracement level
at 0.7235/40. On the downside, bears target a break of the Jan 7 low at 0.7110,
ahead of a run at broken trendline resistance-turned support at 0.6972.

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