(0,9033) The AUSSIE confirmed a strong closing failing to move lower despite the pressure. A possible closing tonight above 0,9015 will confirm a s/t bottom supporting another corrective test on the upside! The indicators of the daily chart are now again positive and also those of the s/t ones are above the line supporting further strength. Bearish divergences confirm a positive tone supporting higher levels. We see now more upside potential and suggest therefore avoiding shorts up here. Instead we prefer buying a possible retest below 0,9000!
Read the full report: AUDUSD 09.03
Future Trend
