(1,0252) The AUSSIE confirmed still a negative closing but it is finding some good support above 1,0220!! The indicators of the daily chart are still well negative but those of the s/t ones are above the line at the moment supporting a possible rebound. Bullish divergences confirm still a negative tone. Only an hourly closing above 1,0275 will postpone the decline favouring a rebound with the 200 hours line at 1,0338 the attraction. We wait for higher levels to sell for a drop toward our target at 1,0178, but only close to the 200 hours line!!
Click here to read the full report: AUDUSD 04.24
Future Trend Research