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Neutral Outlook Friday's break of......>

AUSSIE TECHS
AUSSIE TECHS: Neutral Outlook
Friday's break of $0.71 following the PBoC'S move to cut its RRR by 1 percentage
point has consolidated through Asia/Europe. This brings the 100-dma into view at
0.7183, a break opens cloud base resistance & 76.4% retracement level at
0.7207/40. Bears need a close below broken trendline resistance-turned support
at 0.70 to regain control, targeting the 50% retracement of 0.6741-0.7142 at
0.6942, ahead of a run at the multi-year low.

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