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Bullish Breakout AUDUSD confirmed a....>

AUSSIE TECHS
AUSSIE TECHS: Bullish Breakout
AUDUSD confirmed a bullish breakout following yesterday's rally above the
50-dma, the bear channel top, and the 0.7200 level. The broader risk-on theme
spilled over through Asia/Europe before topping out at 0.7250. Bulls target a
close above the 100-dma & 23.6% of the 2018 range at 0.7272/84 to build on
recent momentum, before testing the Sep 26 high at 0.7315. Bears need to see a
close back below the 50-dma at 0.7166 to shift the outlook back to neutral,
while a break of the Oct 26 low at 0.7021 is needed to regain control.

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