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Forming A Potential Base At 50-DMA.....>

AUSSIE TECHS: Forming A Potential Base At 50-DMA
AUDUSD continues to hold clear of the 50-dma which has held firm in the face of
several tests. Bulls need a close above the 100-dma at 0.7230 to build on recent
momentum, opening a run at the 0.74 level & 200-dma at 0.7400. Bears continue to
focus on the 50-dma at 0.7187, below which would see bears regain control,
targeting cloud base support at 0.7140, ahead of a return to the ytd lows at

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