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Bulls Defend The 0.71 Level AUDUSD.....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Defend The 0.71 Level
AUDUSD dipped as low as 0.7098 yesterday before risk appetite helped support the
pair returning the focus to Wednesday's high at 0.7130. A break above here is
needed to establish a higher high and suggest a bullish break opening the
0.7145/50 level which holds the 100-dma & Mar 26 high. Above here opens a run at
the 0.72 level & 200-dma. Downside focus remains on the Mar 20 low at 0.7057,
with a break here needed to open the 50% retracement level & cloud base at
0.7018. 

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