(1,0195) The AUSSIE is under pressure but despite the weakness it failed last night to confirm a closing below 1,0220. This morning it even broke below 1,02 but a failure to confirm this move by a daily closing will cause an important rebound!! The indicators of the daily chart are still well negative as well as those of the s/t ones supporting further weakness. Bullish divergences in the s/t charts confirm the negative tone. We expect further weakness but a closing above 1,0220 will probably support a decent rebound!!
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Future Trend Research