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Momentum Building Bulls took comfort...>

AUSSIE TECHS
AUSSIE TECHS: Momentum Building
Bulls took comfort in failure to breach 0.7340 on Friday, the subsequent break
and hold above 0.7400 keeps the near-term focus higher. The next layers of
resistance are placed at 0.7466/86, a move above $0.7500 would confirm the
bullish trend. Bears now look for a close below 0.7380/85 to re-test major
trendline support at 0.7324 for confirmation and challenge the YTD low at
0.7311.

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