AUD/USD Technical Analysis

(1,0370) The AUSSIE confirmed a very weak closing well below the 200 days line, managing even a 1,03 undershooting!! The indicators of the daily chart have now turned negative suggesting further possible weakness. Those of the s/t ones turned mixed for now suggesting some consolidation. The move up we’re seeing is however corrective and a selling opportunity for a retest of last night’s low. We sell a possible 1,0420 overshooting!!

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