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Rallies Lack Momentum Bulls failed.....>

AUSSIE TECHS
AUSSIE TECHS: Rallies Lack Momentum
Bulls failed to take out 0.7150 on Friday and are losing their grip on the
0.7100 level as the broader bearish trend continues. Bulls need to recover
through the Friday high to target the key 0.7200 area and break the longer term
downtrend. On the downside, a break below 0.7044 would target the key 0.70
level. A break below would likely accelerate the broader downside move, opening
channel base support & Jan 26 2016 low at 0.6920/19.

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