(1,0371) The AUSSIE confirmed yesterday a session of consolidation forming a new inside day with 1,0350 – 1,0255 the levels to follow in the coming hours. The AUSSIE already broke above the resistance this morning breaking even above the 200 days line at 1,0360 suggesting further upside potential especially if this move will be confirmed by a daily closing** The indicators of the daily chart are still well positive and also those of the s/t ones are positive supporting further strength. Bearish divergences confirm a positive tone. We expect further strength suggesting a 1,04 overshooting where we expect however good resistance, especially close to the 1,0480 level. We wait for this possible move up to sell!!
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