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Risk Improved AUD Targets 100-DMA......>

AUSSIE TECHS
AUSSIE TECHS: Risk Improved AUD Targets 100-DMA
Improved risk appetite consolidated above the 0.71 level, with near-term focus
on Wednesday's highs at 0.7130. Consolidation above here is needed to establish
a higher high and suggest a bullish break opening the 0.7145/50 level which
holds the 100-dma & Mar 26 high. A break opens a run at the 0.72 level &
200-dma. Downside focus remains on the Mar 20 low at 0.7057, with a break here
needed to open the 50% retracement level & cloud base at 0.7018.

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