(1,0547) The AUSSIE confirmed a negative closing remaining however well above the 1,0500 level for now. While above, we expect higher levels suggesting a 1,06 overshooting. The indicators of the daily chart are still well positive supporting higher levels while those of the s/t ones are still showing a mixed picture. In the hourly chart we have however a positive reversal suggesting a s/t target at 1,0623. Only a break below 1,0505 will postpone further strength causing a deeper correction!! We stay on the sideline!
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