(1,0230) The AUSSIE confirmed a negative closing in the daily chart but the weekly closing was positive forming a positive week reversal; only a weekly closing above 1,0302 next Friday will however confirm a s/t bottom. The indicators of the daily chart are still well negative with bullish divergences still confirming a negative tone; those of the weekly one are also negative. The indicators of the s/t charts are mixed suggesting further consolidation. While above the 200 hours line at 1,0223 we expect another test on the upside suggesting 1,03 overshooting! We stay on the side line; the s/t target is still too mixed.
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