(1,0567) The AUSSIE confirmed a strong closing last night but it still failed to move higher finding good resistance at 1,06. Only a daily closing above 1,0625 will support higher levels, probably toward 1,0850. The indicators of the daily chart are still well positive but those of the s/t ones already turned mixed supporting some consolidation/ correction. An hourly closing below 1,0565 will confirm a small S_H_S formation in the hourly chart suggesting a retest of the 1,0530. The s/t scenery is however still positive and this decline could be a buying opportunity for a break above 1,0625. We stay on the sideline.
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Future Trend Research