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Bulls Target 0.7400 AUDUSD builds on...>

AUSSIE TECHS
AUSSIE TECHS: Bulls Target 0.7400
AUDUSD builds on recent momentum, targeting a break of 0.7400 to cement the
move. This level holds the congestion zone seen in Jun-Aug, with the 200-dma &
50% retracement of 0.7813-0.7021 just above at 0.7416/17. On the downside, a
close below 0.7300 would suggest a false bullish breakout, allowing bears to
target the 0.7200 level and the 50-dma at 0.7185.

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