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Bulls Need To Hold 50-DMA AUDUSD......>

AUSSIE TECHS
AUSSIE TECHS: Bulls Need  To Hold 50-DMA
AUDUSD remains above its 50-dma & broken down trendline
resistance-turned-support from the Feb highs at 0.7160/50, which keeps the
recovery intact for now, but a break below this area would return the focus to
the downside and the Oct 26 low at 0.7021. Bulls look to take out the 0.73 level
which has so far proved hard to overcome and is growing in importance. Above
here challenges the Sep 26 high at 0.7315, ahead of the 0.7400 congestion zone. 

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