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More of the Same More of the same......>

AUSSIE TECHS
AUSSIE TECHS: More of the Same
More of the same for AUDUSD as the gradual grind lower continues, keeping the
focus on the Oct 8 low at 0.7041. Below here would see AUDUSD trading at its
lowest level since early 2016 as the 0.70 level comes into play. A break below
0.70 would likely accelerate the broader downside move, opening channel base
support & Jan 26 2016 low at 0.6920/19. Bulls need to recover the Oct 17 high at
0.7160 to improve the outlook and target 0.7200 and the bear channel top.

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