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Struggling To Clear 0.7200 Despite.....>

AUSSIE TECHS
AUSSIE TECHS: Struggling To Clear 0.7200
Despite managing to hold above the 100-dma at 0.7174, keeping the recovery
alive, bulls have been unable to clear the 0.7200 sustainably. a clean break
above here is needed to open the Jan 11 high & 76.4% retracement level at
0.7235/40. On the downside, a close below the 100-dma would give bears renewed
momentum, targeting the Jan 7 low at 0.7110, ahead of a run at broken trendline
resistance-turned support at 0.6972.

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