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Bulls Must Reclaim 100-dma AUDUSD......>

AUSSIE TECHS
AUSSIE TECHS: Bulls Must Reclaim 100-dma
AUDUSD closed below the 100-dma Monday, extending the move lower Tuesday.
Near-term support noted in the form of the Jan 7 low at 0.7110, below here opens
a run at broken trendline resistance-turned support at 0.6972. Bulls need to
recover the 100-dma & 0.72 level, putting focus back on the Jan 11 high & 76.4%
retracement level at 0.7235/40.
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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