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Bears Look To Close Below 0.70 Trade...>

AUSSIE TECHS
AUSSIE TECHS: Bears Look To Close Below 0.70
Trade tensions have pressured AUDUSD back below the 0.70 level and a close below
here would strengthen the downtrend. Below here lies 0.6953 marking the 61.8%
fibo of the Jan rise, below here opens a run at the 0.69 level. Bulls target
0.7029 initially, before focus flips higher to 0.7069, the 0.71 level and the
55-dma. A break above the 200-dma at 0.7168 is needed to suggest a bullish
reversal.

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