(0,9785) The AUSSIE is confirming further consolidation interior the inside day with 0,9845 – 0,9700 still the levels to follow in the coming hours. A daily closing above 0,9845 will support a possible retest of the parity with even an overshooting, move that we expect to be corrective!! The indicators of the daily chart are still well negative and well oversold showing however still potential positive reversal. The indicators of the s/t charts are instead mixed this morning supporting further consolidation/ correction. While above 0,9750 on an hourly closing we favour an extension of the corrective move up toward the 200 hours line, now found at 0,9863. This move up is a selling opportunity but we suggest waiting for possible level close to parity!!
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