I made a comment about the AUDUSD yesterday and if XJO is tracking it still, the AUDUSD looks like it is having a backing pattern in a significant down move. If it is, if/when it rolls over, should be a pretty good indication of if/when the bears appear again for the SPI/XJO. There is a nice peak that lines up perfectly with the 50% fib line that isn't shown in the pic so that may be the turning point.
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Last
8,662.0 |
Change
-80.800(0.92%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,742.8 | 8,742.8 | 8,650.9 |
| XJO (ASX) Chart |