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AUSSIE TECHS: Jan 25 Low Next Up
Downside focus remains on the Jan 25 low at 0.7076 following yesterday's sharp
selloff. Below here would open the 50% retracement level at 0.7018, ahead of the
Jan 4 low at 0.6994. Bulls need a close above the 100-dma & 0.72 to change the
outlook, putting focus back on the 200-dma at 0.7285, a key level that hasn't
been closed above since March.