I made a comment about the AUDUSD yesterday and if XJO is tracking it still, the AUDUSD looks like it is having a backing pattern in a significant down move. If it is, if/when it rolls over, should be a pretty good indication of if/when the bears appear again for the SPI/XJO. There is a nice peak that lines up perfectly with the 50% fib line that isn't shown in the pic so that may be the turning point.
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Last
8,831.4 |
Change
-12.300(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,840.9 | 8,844.9 | 8,818.7 |
| XJO (ASX) Chart |