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Balanced Outlook Despite briefly.......>

AUSSIE TECHS
AUSSIE TECHS: Balanced Outlook
Despite briefly dipping under 0.72, AUDUSD remains above its 50-dma & broken
down trendline resistance-turned-support from the Feb highs at 0.7161/50. Above
here keeps focus on 0.73, a level that has so far proved hard to overcome and is
growing in importance. Bulls need a close above here to challenge the Sep 26
high at 0.7315, ahead of the 0.7400 congestion zone. Bears need a close below
the 50-dma to open the Oct 26 low at 0.7021.

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