(0,8950) The AUSSIE failed also yesterday to extend much further the move up finding good resistance above 0,9070. The closing was however positive before plunging again this morning suggesting a retest of the 0,8930 area; a daily closing below this level will probably resume the decline!! In the daily chart we have still a potential reversed S_H_S formation but only a daily closing above the neck line at 0,9215 will confirm for pattern!! The indicators of the daily chart are now returning below the line while those of the s/t charts are already negative supporting further weakness. An hourly closing below 0,8930 will confirm a new negative reversal suggesting a s/t target at 0,8805!! We got stopped out at 0,9003 having confirmed a closing above 0,9050 before plunging!!
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