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Consolidating Above 0.7200 AUDUSD......>

AUSSIE TECHS
AUSSIE TECHS: Consolidating Above 0.7200
AUDUSD closed above the 100-dma yesterday, extending the uptrend through
Asia/Europe to 0.7226. This brings the 76.4% retracement level & cloud top at
$0.7240/86 into view. Above here opens a run at the 0.73 level and 200-dma at
0.7330. Bears need to clear broken trendline resistance-turned support at
0.6978, a break opens the 50% retracement level at 0.6968, ahead of a run at the
multi-year low.

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