(1,0237) The AUSSIE confirmed a nice rebound after having formed a double bottom below 1,0160. The move up is corrective and a selling opportunity especially close to the 200 hours line, now found at 1,0272!! The indicators of the daily chart are still well negative but those of the s/t ones turned all above the line following the rally. In the hourly chart the indicators went already overbought showing potential negative reversals. We suggest however waiting for a little higher levels toward 1,03 before selling. We sell a 1,0280 overshooting!!
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