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Recovery Intact AUDUSD closed above....>

AUSSIE TECHS
AUSSIE TECHS: Recovery Intact
AUDUSD closed above the 0.7200 level yesterday which keeps the recovery alive.
Bulls target a break of 0.7259 before focusing on the 100-dma & 23.6% of the
2018 range at 0.7267/84 to extend gains. Above here lies the 0.7400 congestion
zone. Bears need to break back below the 50-dma at 0.7160 to test broken down
trendline resistance-turned-support from the Feb highs, which comes in at
0.7150. Below here re-opens the Oct 26 low at 0.7021.

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