(1,0565) The AUSSIE is 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 below 1,0480 will support lower levels!! The indicators of the daily chart have again turned positive as well as those of the s/t ones. The move up may be corrective and in fact the indicators of the hourly chart already show potential negative reversals and overbought conditions. The upside could therefore be limited. We suggest therefore selling a 1,0580 overshooting putting a stop at 1,0615!!
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