(1,0477) The AUSSIE is still well bid but overall still interior the positive outside day with 1,0540 – 1,0365 still the levels to follow in the coming hours. Only a daily closing above 1,0540 will confirm higher levels suggesting a retest of the 1,06 area!! The indicators of the daily chart are still positive and at the moment it failed to confirm a double top!! The indicators of the s/t charts are also positive this morning suggesting some upside potential. Only an hourly closing above 1,0530 will however confirm higher levels. We stay on the sideline for now while following the outside day. We see however still some upside potential.
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Future Trend Research