(0,9932) The AUSSIE is remaining under pressure suggesting further direct weakness toward the 0,9896 target with a possible extension toward the support line at 0,9855. The indicators of the daily chart are well negative but start to show oversold conditions. Those of the s/t ones are also negative supporting further weakness. The break below 0,9940 confirmed a new negative reversal suggesting a s/t target at 0,9856. Only an hourly closing above 1,0010 will postpone the decline!! We expect further weakness!!
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Future Trend