(1,0511) The AUSSIE is still confirming further consolidation interior the big inside day with 1,0615 – 1,0480 still the levels to follow in the coming hours. Only a daily closing above 1,0615 will support higher levels!! The indicators of the daily chart are still positive but this morning just at the line while those of the s/t ones are negative suggesting further possible pressure. The drop toward 1,05 is however showing potential positive reversals that could limit the downside favouring a rebound. An hourly closing below 1,0490 will however postpone further strength causing a deeper correction suggesting a test of the support line at 1,0465 if not even the important one at 1,0425!! We stay on the sideline while following the inside day!!
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