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Off Recent Lows AUDUSD based ahead.....>

AUSSIE TECHS
AUSSIE TECHS: Off Recent Lows
AUDUSD based ahead of 0.7080 before staging a strong recovery back above 0.71 on
broad-based dollar sales. Bears continue to focus on the ytd low at 0.7021,
below here opens the 0.70 psychological level ahead of the 0.6827 2016 low.
Bulls need a close above the 50-dma at 0.7196 to mount a recovery. Above here
opens the 100-dma at 0.7216, ahead of the 61.8% retracement level of the
December downtrend at 0.7302.

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