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Bears Need A Break Of 0.69 Bears.......>

AUSSIE TECHS
AUSSIE TECHS: Bears Need A Break Of 0.69
Bears continue to look for a break back below 0.6900 to return the focus to the
range lows at 0.6865. A break here would accelerate the move towards the
0.6825/40 area which registered a series of previous lows through Jan 2016. The
21-dma/May 27 high area at 0.6936/39 provides initial resistance, with a break
here needed to challenge the May 14 high at 0.6960 & 0.70 level.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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