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Holding Above 100-dma, For Now.........>

AUSSIE TECHS
AUSSIE TECHS: Holding Above 100-dma, For Now
Despite dipping back under the 0.72 level, AUDUSD has so far managed to hold
above the 100-dma. This keeps the recent uptrend intact putting focus back on
the Jan 11 high & 76.4% retracement level at 0.7235/40. A close below 0.7175
would give bears renewed momentum, targeting the Jan 7 low at 0.7110, ahead of a
run at broken trendline resistance-turned support at 0.6972.

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