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Struggling to Close Above 0.7328.......>

AUSSIE TECHS
AUSSIE TECHS: Struggling to Close Above 0.7328
AUDUSD spiked as high as 0.7344 yesterday, overcoming the Nov 16 high. However,
we have still only seen one close above the 61.8% retracement of 0.6828-0.8136
at 0.7328 since August, and we need to close above here to improve the outlook.
Above here lies the 200-dma at 0.7421. On the downside, a close below 0.7300
would shift the outlook neutral again and allow bears to target the 0.7200 level
and the 50-dma at 0.7180.

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