(1,0558) The AUSSIE confirmed yesterday further consolidation interior the outside day with 1,0540 – 1,0365 still the levels to follow; this morning however, it broke the resistance suggesting a test of the 1,0587 key level. A break also above this level will support a move up toward 1,0850. The indicators of the daily chart are still well positive and at the moment also those of the s/t ones are in positive territory suggesting further strength. We stay on the sideline for now but overall expect higher levels while above 1,0535 on an hourly closing!!
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