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Bears Hold Below 50-DMA The 50-dma.....>

AUSSIE TECHS
AUSSIE TECHS: Bears Hold Below 50-DMA
The 50-dma at 0.7198 continues to hold firm as resistance capping yesterday's
intraday gains and keeping the focus on the downside. The ytd low at 0.7021 act
as the next downside target ahead of the key 0.70 psychological level. Above the
50-dma would see bulls target the 100-dma at 0.7220, ahead of the 61.8%
retracement level of the December downtrend at 0.7302.

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