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Focus Returns To The Downside AUDUSD...>

AUSSIE TECHS
AUSSIE TECHS: Focus Returns To The Downside
AUDUSD lost its grip on the 0.71 level yesterday and weakness has continued
through into today's Asia session with uptrend support from the March 8 lows
giving way to return the focus to the the psychological 0.70 level. A break
below here would resume the longer term downtrend towards the Jan 3 ytd low. To
regain the upper hand bulls need to recover Monday's high at 0.7120 which would
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 0.7218. 

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