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Turning Lower Again The AUD recovery...>

AUSSIE TECHS
AUSSIE TECHS: Turning Lower Again
The AUD recovery has been limited by the 38.2% retracement level and resistance
in the 0.7291/98 area. Momentum indicators are now turning lower once again.
Focus is now likely to return to the 0.7203 August 15 low. Failure to hold above
here will allow bears to target the air pocket between the 2018 lows and the
first significant support at the December 2016 lows of 0.7160.

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