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Limited Upside Potential AUDUSD........>

AUSSIE TECHS
AUSSIE TECHS: Limited Upside Potential
AUDUSD extended the downtrend through 0.6950 yesterday to close at its lowest
level since Jan 2016. Next support is located at the psychological 0.69 level,
ahead of the 76.4% retracement of the year's range at 0.6872. Below here opens a
move toward the 0.6825/40 area which registered a series of lows through Jan
2016. Bulls need to recover the 0.70 level on a closing basis, before
challenging the 0.7050/60 zone which has registered a series of previous highs.

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