(1,0379) The AUSSIE is still under pressure suggesting further weakness toward the 200 days line, now found at 1,0311. The monthly closing was mixed! The indicators of the daily chart are still well negative as well as those of the monthly and weekly ones supporting further weakness. The indicators of the s/t charts are also negative supporting further weakness. The decline since the top yesterday at 1,0450 confirmed a negative reversal suggesting a s/t target at 1,0322!! Only a move above 1,0450 will postpone further weakness favouring a higher retracement!! We stay on the sideline.
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Future Trend Research