(1,0306) The AUSSIE confirmed a further session of consolidation remaining interior the inside day with 1,0535 – 1,0280 still the levels to follow in the coming hours. It tested the support with a small undershooting, move not confirmed by a daily closing that was anyhow negative!! The indicators of the daily chart are therefore still well negative while those of the s/t ones are mixed also this morning suggesting some consolidation/ correction. Bullish divergences in the s/t charts support a negative tone. We expect further weakness toward a s/t target at 1,0178! Only an hourly closing above 1,0325 will support a correction suggesting a move toward the 200 hours line still found at 1,0441!! We sell now only a possible 1,0430 overshooting!!
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