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Flirting With 0.71 0.71 provided.......>

AUSSIE TECHS
AUSSIE TECHS: Flirting With 0.71
0.71 provided resistance for AUDUSD before the cross broke above the level
yesterday, and the pair has been flirting with the level ever since. Bulls look
to overcome yesterday's high at 0.7120 to open the 100-dma & Feb 25 high at
0.7161/84. Above here would allow a run at the 0.7200 level and the 200-dma at
0.7221. 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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