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Chart - EMD, page-48

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    Yes, as noted above, we might have one more hit of that rising support line around the 30.5 mark before challenging the resistance that sits around the 36.5/37.0 mark. The MACD looks like it's about to cross downwards providing some evidence to that theory. It's an ascending triangle which is bullish so hopefully we bounce then break that resistance and then push steadily to the 0.40 mark and give that a crack next week sometime.

    https://hotcopper.com.au/data/attachments/4233/4233154-5d0480ead2bdfe702f7ad52c66045771.jpg
 
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