(0,9210) The AUSSIE confirmed a positive closing on Friday but it failed to confirm the previous week’s positive week reversal. Nevertheless we do still favour further strength toward 0,9260 but only a daily closing above 0,9230 will confirm higher levels!! The indicators of the daily chart are still well positive however also still showing potential negative reversals; those of the weekly one are instead still below the line for now. The indicators of the s/t charts are in positive territory this morning supporting higher levels. The move up is starting forming bearish divergences supporting a positive tone. While above 0,9165 we expect higher levels toward a possible target at 0,9361!! We stay on the sideline .
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Future Trend