(1,0224) The AUSSIE formed a negative day reversal failing therefore to confirm a bottom for now. Possible instead a retest of the lows!! The indicators of the daily chart turned again well negative suggesting further downside risk. The indicators of the s/t charts are instead mixed suggesting further consolidation. While below 1,0260 on an hourly closing we expect the AUSSIE to return below 1,0215, move that will suggest a retest of the previous lows!! We stay on the side line; the s/t target is still too mixed.
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Future Trend Research
