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Focus Returns To 0.70 Area AUDUSD......>

AUSSIE TECHS
AUSSIE TECHS: Focus Returns To 0.70 Area
AUDUSD dropped cleanly through 0.71 yesterday bringing the 38.2% retracement
level at 0.7046 into view, ahead of the Jan 4 low at 0.6994. Below here would
suggest a return to the ytd lows at 0.6741. Bulls need to recover the 100-dma &
0.72 level, above here puts focus back on the Jan 11 high & 76.4% retracement
level at 0.7235/40.

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