AUD/USD Technical Analysis

(1,0290) The AUSSIE confirmed a strong closing but not strong enough to close above the 200 days line, still a resistance at 1,0329. The indicators of the daily chart are still well negative as well as those of the weekly one supporting further pressure. The indicators of the s/t charts are mixed supporting further consolidation. While below the 200 hours line at 1,0313 we expect a retest of the 1,0220 area!! We stay on the sideline waiting for stronger signals.

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