(0,9325) The AUSSIE formed a positive outside day reversal after a test at 0,9434 not far from the 0,9388 key level!! Only a daily closing above 0,9674 will confirm a s/t bottom supporting a little higher levels. We have now 0,9685 – 0,9420 the levels to follow. The indicators of the daily chart are well negative while those of the s/t ones are mixed at the moment suggesting some consolidation/ correction. The drop that followed last night correction toward 0,9680 failed yet to confirm a new low. Therefore while above 0,9466 on an hourly closing we can expect the AUSSIE to move a little higher for a retest of the 200 hours line, now found at 0,9615!! A break below 0,9466 confirmed by an hourly closing will suggest a new s/t target at 0,9322!!
We stay on the sideline!
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Future Trend