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Under Pressure AUDUSD comfortably......>

AUSSIE TECHS
AUSSIE TECHS: Under Pressure
AUDUSD comfortably closed below the 100-dma yesterday and looks set to register
its fourth consecutive session of losses. Risk currencies remain on the
defensive with near-term support at 0.7110 from the Jan 7 low, below here opens
a run at broken trendline resistance-turned support at 0.6972. Bulls need to
recover the 100-dma & 0.72 level, putting focus back on the Jan 11 high & 76.4%
retracement level at 0.7235/40.

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