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Downtrend Still Dominates AUD..........>

AUSSIE TECHS: Downtrend Still Dominates
AUD managed to hold above Friday's lows yesterday but the broader downtrend
remains firmly intact as bears eye the key 0.70 level, which is reported to hold
option-related support. A break is expected to accelerate any downside move,
opening channel base support & Jan 26 2016 low at 0.6920/19. Bulls need to
reclaim 0.72 and close above the 50-dma at 0.7248 to improve the short-term

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