(1,0383) The AUSSIE confirmed yesterday further consolidation interior the inside day with 1,0425 – 1,0320 still the levels to follow in the coming hours. Only a daily closing above 1,0425 will support an extension of the move up suggesting a 1,05 overshooting!! The indicators of the daily chart are still well positive while those of the s/t ones are showing still a mixed picture suggesting further consolidation. While above 1,0345, the 200 hours line, on an hourly closing we favour further possible strength toward a s/t target at 1,0425 with even a possible overshooting of the 1,05 level!!!
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Future Trend Research