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Failed Break of 0.7200 AUDUSD failed...>

AUSSIE TECHS
AUSSIE TECHS: Failed Break of 0.7200
AUDUSD failed to hold above 0.7200 and has moved back into the channel. Bulls
need a weekly close above here for confirmation of the broader uptrend, before
challenging the $0.7305/10 area. Failure to hold 0.72 keeps the Sep 11 YTD low
at 0.7085 in play, ahead of the key 0.7000 psychological level which is reported
to hold option-related support.

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