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YTD Lows Back In Focus Bearish........>

AUSSIE TECHS
AUSSIE TECHS: YTD Lows Back In Focus 
Bearish momentum picked up on the back of the US Fed hike bringing the ytd low
at 0.7021 back into focus. Below here opens the 0.70 psychological level ahead
of the 0.6827 201 low. A close above the 50-dma is needed to allow bulls to
mount a recovery. Above here targets the 100-dma at 0.7220, ahead of the 61.8%
retracement level of the December downtrend at 0.7302.

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