TECHS: A technical look across the FX.........>

FOREX: TECHS: A technical look across the FX space:

-AUDUSD gains have thus far stalled ahead of 0.6028 resistance, Mar 18 high.

This level needs to give way if we are to see a stronger bounce unfold. For now

the trend remains bearish.

- USDCAD probed its S/T key support at 1.4167 earlier touching a low of 1.4150

before bouncing. A clear break of the 1.4167/50 support zone is required to

signal scope for a deeper retracement.

- USDJPY is off the earlier lows of 109.34. The focus is on the key resistance

at 112.23, Feb 20 high.

- A strong bullish session in Cable today, something we haven't seen in a while.

1.2000 remains a key hurdle though for bulls and above this is resistance at

1.2130, Mar 18 high. Bulls still have some work to do.

- EURGBP is down sharply having yesterday cleared a key range top. It is

difficult to tell whether this is a reversal or correction. 0.9000 is under

pressure and there is a support just below this at 0.8985, Mar 16 low. The

20-day EMA is at 0.8851, a potentially important support area.