(1,0335) The AUSSIE formed a negative outside day with 1,0470 – 1,0360 the levels to follow in the coming hours. It broke already the support suggesting a possible firm test of the 200 days line at 1,0311 with even a possible direct undershooting!! The indicators of the daily chart are still well negative pointing toward lower levels and also those of the s/t ones are negative supporting further weakness. Bullish divergences in the 4h chart support a negative tone. We expect further weakness.
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Future Trend Research