Sounds reasonable to me. AUDUSD 4hr from the October high. US stock indices have outperformed with AUD now at the October high and the indices have the October highs as a distant speck in the rear view mirror. Will try to get something posted on S&P500 intraday for 28/10/11 (the day after the wash out exhaustion high) and comparison with today's trading. They're looking similar. So far no follow through to the upside so Friday is moving one step closer to being a top, even if it is just short term. Looking for a tradable retracement.
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |