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Failed To Recover Thursday's High......>

AUSSIE TECHS
AUSSIE TECHS: Failed To Recover Thursday's High
AUDUSD reached as high as 0.7184 yesterday but failed to take out the Jan 21
high at 0.7207 allowing bears to regain the upper hand today. Bears now look to
target the Feb 12 low at 0.7054 to return the focus to the downside and bring
the 50% retracement level at 0.7018 back into view. On the upside bulls need to
take out the 0.7207 level to open the key 200-dma at 0.7259. 

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