(0,9748) The AUSSIE is confirming further direct weakness toward the 0,9580 area, next strong support area. The indicators of the daily chart are still well negative and well oversold showing however also potential positive reversal; a daily closing below 0,97 will however abort them supporting instead further weakness!! The indicators of the s/t charts are also negative supporting lower levels. Fresh bullish divergences confirm a negative tone. We remain on the side line for now but we’ll still try a long position in case of a 0,9650 undershooting with a stop below 0,9580 for a retest of the former support line at 0,9840!!!
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