AUD/USD Technical Analysis

(1,0050) The AUSSIE confirmed a weak closing below the key level at 1,0115; a weekly closing below this level will confirm sensible lower levels suggesting a move toward 0,9850!! The indicators of the daily chart are well negative as well as those of the s/t ones supporting further weakness. Possible rebounds should find good resistance in the 1,0100/ 20 area. We expect further weakness!!

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Future Trend