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Rate gains further, accelerating on the......>

AUSSIE
AUSSIE: Rate gains further, accelerating on the break above the $0.7150 level to
continue to erase yesterday's losses. First resistance lies at yesterday's highs
of $0.7167 ahead of the 1.0% Bollinger band at $0.7197. The rate now trades in
close proximity to the 100- and 50-dmas at $0.7170 and $0.7171 respectively - a
break above here would shift upside targets toward the 200-dma at $0.7301.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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