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Bulls Need to Clear 21-DMA Topside.....>

AUSSIE TECHS
AUSSIE TECHS: Bulls Need to Clear 21-DMA
Topside gains have so far been capped ahead of 0.6940 and keeps the recent
downtrend intact. Bears look to clear 0.69 to return the focus to the range lows
at 0.6865. A break here would accelerate the move towards the 0.6825/40 area
which registered a series of previous lows through Jan 2016. Bulls need a close
above Monday's high and the 21-dma at 0.6939/46 to cement the uptrend. Above
here opens the May 14 high at 0.6960, ahead of a run at the 0.7000 level.

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