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Good Morning and Welcome to the XJO Thursday Thread
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News for Today (AEDST)
The XJO closed lower again, on Wednesday
Spread remained wide, volume was almost back to average, and the close was off the daily lows, as some tentative support arrived.
The close off the lows suggests some speculative positions were probably taken on Wednesday, which carries all the usual complexities as normal.
If price cannot find continuing decent support around these levels, a trip back to the lows of the trading range is probably on the cards again......
Good Trading and Investing
.
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