(1,0280) The AUSSIE formed on Friday a positive key outside day reversal; we have now 1,0360 – 1,0245 the levels to follow in the coming hours. A daily closing below 1,0245 will cause further direct weakness!! The indicators of the daily chart are still well negative close to the oversold area; those of the weekly one are also negative supporting lower levels. The indicators of the s/t charts are negative this morning suggesting some pressure suggesting a new s/t target at 1,0231s/t ones have turned mixed supporting some consolidation/ correction. The drop toward 1,0250 formed however bullish divergences in the hourly chart confirming a negative tone. Possible rebounds will therefore be corrective and a selling opportunity especially close to the 200 hours line, now found at 1,0393. We wait for a decent extension of the rebound to sell!!
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