Good morning,While the market is set to open slightly down (-38 December contract, -39 September), we’re seeing a key opportunity for a breakout today. Resistance is tight at 0.56, but with a little extra push, we could easily clear this level and aim for 0.58, setting the stage for further upward momentum. Strong support at 0.52 provides a solid base, and even if tested, there’s stability to work with.Yes, prices are below their EMAs, but this creates room for a sharp rebound. A breakout above resistance could ignite a powerful rally, particularly with new contracts coming into play after 11 a.m. Keep a close eye on the market — a big move may be just around the corner!Have a great day, and take care
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Last
61.8¢ |
Change
0.003(0.41%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 62.0¢ | 60.5¢ | $51.06K | 83.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1121 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 6927 | 3 |
View Market Depth
| Last trade - 14.41pm 18/06/2025 (20 minute delay) ? |
| ASM (ASX) Chart |