(1,0535) The AUSSIE confirmed a positive closing but overall it is still interior the 1,0575 – 1,0510 range. Only a daily closing above 1,0775 will support the extension of the move up. The weekly closing was strong. The indicators of the daily and weekly charts are still well positive but those of the s/t ones are still mixed suggesting further consolidation/ correction. In the s/t we could still see a possible drop toward the 200 hours line at 1,0508. Only a break below 1,0505 confirmed by an hourly closing will postpone further strength causing a deeper correction!! We stay on the sideline!
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