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Downtrend Intact AUDUSD closed below...>

AUSSIE TECHS
AUSSIE TECHS: Downtrend Intact
AUDUSD closed below the 100-dma yesterday with the resulting downtrend extending
through 0.7100. This keeps downside focus on the Feb 21 & Feb 12 lows at
0.7070/54, below here opens the 50% retracement level at 0.7018. Bulls need to
take out the Jan 21 high at 0.7207 to reignite upside momentum, opening a move
toward the 200-dma at 0.7255.

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