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Stronger As Tokyo Files In

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(U2) Regaining Sense of Stability

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AUSSIE TECHS
AUSSIE TECHS: Trying to Break 0.7137
AUDUSD has been challenging the 76.4% Fibo retracement from 2016's lows at
0.7137 with a close above this level opening up a move to 0.7150 before
challenging the 2018 channel top at 0.7204. Bears need to close below 0.7100 to
open the 0.7041 level ahead of a return to 0.70. Below here would likely
accelerate the broader downside move, opening channel base support & Jan 26 2016
low at 0.6920/19.

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