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False Breaks Above 0.71 Failure to.....>

AUSSIE TECHS
AUSSIE TECHS: False Breaks Above 0.71
Failure to build above 0.7100 this week retains the broader downtrend and
outright bearish outlook. A close below the 1.618% swing target at 0.7092 opens
a move toward the key 0.7000 psychological level which is reported to hold
option-related support. Bulls need a break back above 0.7305/10 to change the
short-term outlook and target the August highs of 0.7453.

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