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Upside Momentum Lacking Having.........>

AUSSIE TECHS
AUSSIE TECHS: Upside Momentum Lacking
Having rejected a break of 0.7200 yesterday, AUDUSD closed below the 100-dma and
keeps the recent downtrend intact. Downside focus remains on the Feb 21 & Feb 12
lows at 0.7070/54, below here opens the 50% retracement level at 0.7018. Bulls
need to take out the Jan 21 high at 0.7207 to reignite upside momentum, opening
a move toward the 200-dma at 0.7255.

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