(0,9675) The AUSSIE formed a positive day reversal but only a daily closing above 0,9780 will confirm a s/t low supporting a higher retracement. The indicators of the daily chart are still well negative but also still well oversold; the extension of the drop started however also to form bullish divergences supporting a negative tone. Therefore no more potential positive reversals!!!!! The indicators of the s/t charts are mixed this morning supporting some consolidation/ correction. Only an hourly closing above 0,9780 will support higher levels with the 200 hours line at 0,9798 the first attraction. We stay on the sideline for now!
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