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Holding above 0.7000 AUDUSD touched....>

AUSSIE TECHS
AUSSIE TECHS: Holding above 0.7000
AUDUSD touched post RBA highs of 0.7048 yesterday before edging back to the
0.7000 level but bulls managed to hold above this level keeping hopes alive of a
broader recovery. Bulls need to clear the 0.7050/60 zone which has registered a
series of previous highs. Above here would extend the uptrend towards the Apr 30
high at 0.7069, ahead of the 0.71 level. Bears look for a close below the 0.70
mark to shift the focus back to 0.6953 which marks the 61.8% fibo of the Jan
rise. 

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