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Range Trading Continues AUDUSD has.....>

AUSSIE TECHS
AUSSIE TECHS: Range Trading Continues
AUDUSD has edged lower from Friday's highs of 0.7412 and this will act as the
first line of resistance, albeit with the clearly defined larger range. A
sustained move above here would restore the bullish picture, shifting the focus
to the upper end of the recent trading range, where the next layers of
resistance are formed at 0.7466/86. Holding above 0.7370 is now required to
maintained the renewed positive momentum, while failure risks a slip back to the
lower end of the range and major trendline support at 0.7324.

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