My thinking is that what happens overnight with the USA OCC brokers will be the guide. Given that there was a massive offer at 1.29 at the close I think we'll see the ASX open above 1.30. Then a run to 1.35. If we can hold at 1.35 or above for Fridays close then next week we'll hit 1.50 and then God knows hat will happen.
The key will be what the trades are in the USA overnight.
chartwatch, page-55
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