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Range Lows Back In Focus AUDUSD........>

AUSSIE TECHS
AUSSIE TECHS: Range Lows Back In Focus
AUDUSD posted a bearish reversal day yesterday with early gains above 0.72
giving way to losses sending the pair back down to its Feb lows due to Westpac
RBA rate cut calls & the Rtrs source story on China banning Australian coal
imports. Bears now focus on a break of the Feb 12 low at 0.7054, below here
opens the 50% retracement level at 0.7018. To regain upside momentum, bulls need
a close above yesterday's high at 0.7207, which would bring the key 200-dma at
0.7263 into focus. 

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