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EQUITIES

Stocks Mixed as Bluechips Gain, Tech Lags

EQUITIES

Stocks Testing Wednesday High

Bears Targeting a Break of 0.72........>

AUSSIE TECHS
AUSSIE TECHS: Bears Targeting a Break of 0.72
AUDUSD failed to hold above the 50-dma and downtrend resistance on Wednesday
with the subsequent reversal extending to 0.7202. Bears now target a break of
the 0.7200 level, where the 21-dma currently resides. Through here brings the
Sep 11 YTD low at 0.7085 back into play, ahead of the psychological 0.7000 level
which is reported to hold option-related support. Bulls need a close above the
50-dma at 0.7289 to improve the short-term outlook and attempt to mount a
reversal.