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Marginal New High Keeps Recovery.......>

AUSSIE TECHS
AUSSIE TECHS: Marginal New High Keeps Recovery Intact 
AUDUSD spiked as high as 0.7344 yesterday, overcoming the Nov 16 high and
remaining clear of the 0.73 level to keep the recovery intact. A close above the
61.8% retracement of 0.6828-0.8136 at 0.7328 is needed to improve the outlook
and extend the recovery to the 200-dma at 0.7421. On the downside, a close below
0.7300 would shift the outlook neutral again and allow bears to target the
0.7200 level and the 50-dma at 0.7181.

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