(1,0440) The AUSSIE confirmed on Friday a negative closing forming even a bearish engulfing patter in the candle stick!! Possible a move toward the 200 days line at 1,0397 where we expect good support also because we find also a support line!! The indicators of the daily chart are still positive but a daily closing tonight below 1,0415 will turn them negative; those of the weekly one are also positive. The indicators of the s/t charts are negative but already oversold and however showing potential positive reversals. Nevertheless we prefer waiting for apossible extension toward the 200 days line before trying a long position!!
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