The AUSSIE confirmed a positive closing last night while still remaining interior the big inside day with 1,0345 – 0,9930 the levels to follow in the coming hours.
The US market has still some open gap up and we expect them to be closed, sooner or later!! The indicators of the daily chart are still positive but those of the s/t ones turned all below the line supporting further weakness.
The break this morning below 1,0190 confirmed a triple top formation in the hourly chart suggesting lower levels with the 200 hours line at 1,0038 the attraction. Possible s/t rebounds should find resistance at 1,0225.
We stay short.
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FUTURE TREND RESEARCH