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Shallow Recovery Post RBA bearish......>

AUSSIE TECHS
AUSSIE TECHS: Shallow Recovery
Post RBA bearish losses extend to 0.7065 and keep the recent downtrend intact.
This brings the Mar 20 low into view at 0.7057, a break opens the 50%
retracement level & cloud base at 0.7018, ahead of the key 0.7000 psychological
level. Bulls need to reclaim the 0.71 level to stage a recovery, before
challenging the 100-dma & Mar 21 high at 0.7150/68.

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