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EGBS

Firming In Early Trade

USD

Better offered in G10s

AUSSIE TECHS
AUSSIE TECHS: Bulls Targeting 200-DMA
AUDUSD technicals are generating outright bullish signals with topside focus on
a close above the 200-dma at 0.7293. This brings the Dec 5 high at 0.7356 into
view, ahead of a run at the 0.7400 level. Bears need a downside break of 0.72 &
the 100-dma at 0.7172 to shift the outlook neutral. While a move back below
Friday's lows at 0.7076 would return the focus to the 38.2% retracement level at
0.7046.