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Fails to Hold Strong Start Having......>

AUSSIE TECHS
AUSSIE TECHS: Fails to Hold Strong Start
Having taken out 0.71 in the Asia-Pacific session, AUD/USD failed to hold the
gains ahead of the Monday close, returning to last week's highs. Bulls continue
to focus on a close above this level which would improve the near term outlook
and opens the 100-dma & Feb 25 high at 0.7161/84. Bears' focus remains on the
psychological 0.70 level with a break below here needed to resume the longer
term downtrend towards the Jan 3 ytd low.

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