(1,0420) The AUSSIE still confirmed a negative closing on Friday in the daily chart as well as in the weekly one suggesting further downside pressure with still the 200 days line, now found at 1,0311, the attraction. The indicators of the daily chart are still well negative as well as those of the weekly ones supporting further weakness. The indicators of the s/t charts are at the moment above the line supporting further consolidation/ correction. Only a return above the 200 hours line, now found at 1,0442 will postpone further weakness favouring a higher retracement suggesting even a 1,05 overshooting!! We stay on the sideline while waiting for higher levels to sell
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