(1,0432) The AUSSIE confirmed a weak closing below the low of the previous session finding support at the 200 days channel. Overall we expect further weakness suggesting a move toward the 200 days line at 1,0380!! The indicators of the daily chart are still well positive but those of the s/t ones are all below the line supporting further consolidation/ correction. The decline already formed bullish divergences in the hourly chart suggesting a negative tone. Possible rebounds are therefore corrective and selling opportunities. We stay on the sideline.
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Future Trend Research