With regard to intra day chart on ASX vs US; the US actually closed more bullish which is a great sign for Monday. US closed on or near high, where ASX closed well but not as strong an uptick toward close. I'm not really fussed on comparing %s, intra charts and closing is far more important than currency as it will be ignored by traders looking at charts from a TA perspective.
Like I said the other day, dual listed stocks can cycle off each other to the up side very quickly, and to the down side just as quick. With both exchanges running; there is no doubt this will continue along to retest next resistance levels.
The closing above 1.60 was an significant signal, anyone exprcting price to drop below this level in the short term, I wouldn't hold ur breath!
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