AUD/USD Technical Analysis

(0,9234) The AUSSIE formed yesterday a negative outside day reversal after the confirmation of our s/t target at 0,9322. We have now 0,9365 – 0,9215 the levels to follow in the coming hours. A daily closing below 0,9215 will confirm a s/t top. The indicators of the daily chart are still well positive but also still showing a potential negative reversal; however there is still room to extend the move up, in case. The indicators of the s/t charts are instead negative supporting further weakness toward the 200 hours line, now found at 0,9198. We suggest waiting for this extension to buy the AUSSIE but with no hurry!!

Read the full report: AUDUSD 09.13

 

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