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Still Struggling To Make Its Break.....>

AUSSIE TECHS
AUSSIE TECHS: Still Struggling To Make Its Break
The AUD's recovery remains lackluster as last week's high and the 50-dma
continue act as key levels of resistance. A close above 0.7374 would change the
picture significantly allowing the pair to rally in line with global trends to
target the August highs of 0.7453. A close below yesterday's low at 0.7307 would
allow bears to focus on the YTD low at 0.7203, which needs to hold to prevent a
potential downside acceleration.

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