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Bulls Look To Close Above 0.7150.......>

AUSSIE TECHS
AUSSIE TECHS: Bulls Look To Close Above 0.7150
AUDUSD briefly trade above the 0.7150 level yesterday but failed to hold it on a
closing basis. Bulls need to close above here to target the key 0.7200 area
needed to break the longer term downtrend, before targeting the 2018 channel top
at 0.7218. Bears need a downside break of 0.7044 before targeting the key 0.70
level. A break below would likely accelerate the broader downside move, opening
channel base support & Jan 26 2016 low at 0.6920/19.

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