(1,0319) The AUSSIE confirmed a weak closing as well as our s/t target before even making a fast 1,03 undershooting where it is however finding good support for now. The closing was above the 200 days line!! The indicators of the daily chart are still well negative while those of the s/t ones already turned mixed suggesting some consolidation/ correction. Only an hourly closing above 1,0345 will however postpone some pressure favouring a higher retracement with the 200 hours line at 1,0406 the attraction. We should be able to see further weakness but in the s/t we favour a rebound!!
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Future Trend Research