(1,0181) The AUSSIE confirmed a very weak closing below the lows of the last few sessions suggesting a possible test of key level at 1,0115!! A break also below this last level will open the way for a drop below parity!! The indicators of the daily chart are still well negative while those of the s/t ones are mixed this morning suggesting further consolidation. While below 1,0195 the scenery will however remain negative suggesting further weakness.
Click here to read the full report: AUDUSD 05.08
Future Trend