(0,9423) The AUSSIE confirmed a strong weekly closing above the top of the previous week but the daily one was negative while however still remaining interior the inside day with 0,9540 – 0,9320 still the levels to follow in the coming hours. The indicators of the daily chart are still well positive as well as those of the weekly ones since Friday. The indicators of the s/t charts are instead mixed supporting further consolidation/ correction. Potential positive reversals in the hourly chart support however upside potential. Only an hourly closing above 0,9460 will however confirm a resumption of the move up. We wait for stronger signals but overall favour a lower retracement!!
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