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Stalls above 0.71 Having closed........>

AUSSIE TECHS
AUSSIE TECHS: Stalls above 0.71
Having closed above the handle Monday, AUDUSD failed to add to gains above 0.71
Tuesday, making the Monday high at 0.7120 the first level of resistance. This
would open the 100-dma & Feb 25 high at 0.7161/84. Above here would allow a run
at the 0.7200 level and the 200-dma at 0.7221. Bears' focus remains on the
psychological 0.70 level with a break below here needed to resume the longer
term downtrend towards the Jan 3 ytd low.

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