(1,0500) The AUSSIE confirmed a strong closing above the top of the previous session confirming therefore the positive day reversal. A daily closing above 1,0500 will be bullish suggesting a new 1,06 overshooting!! The indicators of the daily chart are still well positive and this morning also those of the s/t ones are above the line supporting further strength. Bearish divergences confirm a positive tone. We expect further strength but wait for a decent correction for a buy!!
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Future Trend Research