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Bears Look To Close Below 0.7100.......>

AUSSIE TECHS
AUSSIE TECHS: Bears Look To Close Below 0.7100
AUDUSD broke below Wednesday's low yesterday but were unable to close below the
0.7100 level, which is holding again today. Bulls need to hold this level to
target 0.7200 before challenging the 2018 channel top at 0.7209. Bears need to
close below 0.7100 to open the 0.7044 level ahead of a return to 0.70. Below
here would likely accelerate the broader downside move, opening channel base
support & Jan 26 2016 low at 0.6920/19.

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