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Limited Upside AUDUSD extended the.....>

AUSSIE TECHS: Limited Upside
AUDUSD extended the downtrend to multi-month lows of 0.6871 and is currently
displaying a clean sweep of bearish sentiment, according to the MNI FX Technical
Signal Monitor. Near-term support is seen at 0.6872 which marks the 76.4%
retracement of the year's range. Below here opens the 0.6825/40 area which
registered a previous series of lows through Jan 2016. Bulls need a close above
the 0.69 level to return the focus to the 100-hma & May 16 high at 0.6930/33.

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