(1,0267) The AUSSIE failed also yesterday to confirm a break below 1,02 forming instead a positive day reversal followed by an extension of the move up. It already confirmed a test of the 200 hours line at 1,0282; an hourly closing above the line could favour further strength toward 1,0350, move that we expect to be corrective and a selling opportunity for a retest of the 1,02 area!! The indicators of the daily chart are still well negative with bullish divergences suggesting a possible change of the tone. The indicators of the s/t charts are positive this morning already showing potential negative reversals. We suggest however waiting for further strength above 1,03 before selling!!
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