(0,9637) The AUSSIE confirmed a negative closing in the daily chart while another weak one in the weekly chart suggesting further weakness. In the daily chart it formed a new inside say with 0,9790 – 0,9580 the levels to follow in the coming hours. The indicators of the daily chart are still well negative but also still well oversold with however bullish divergences confirming the negative tone. The indicators of the weekly chart are also negative and oversold. The indicators of the s/t charts are still showing a mixed picture supporting some consolidation/ correction. While above 0,9594 we could see another test on the upside with the 200 hours line at 0,9757 the attraction!! We stay on the sideline for now!
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Future Trend