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Upside Momentum Lacking AUDUSD is......>

AUSSIE TECHS
AUSSIE TECHS: Upside Momentum Lacking
AUDUSD is back below its 50-dma as upside momentum was found lacking following
yesterday's upside break. Bears now look for a break of the Feb 12 low at 0.7054
to regain control. Below here shifts focus to the 0.70 level to resume the
longer term downtrend. amid the backdrop of renewed dollar sales. On the upside
a close above the 100-dma at 0.7160 allows bulls to focus on the key 200-dma at
0.7269, a level not closed above since March. 

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