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Good Morning and Welcome to the XJO Wednesday Thread
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News for Today (AEST)
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The XJO closed lower on Tuesday
Spread reduced slightly, and volume increased a smidge, as price traded inside the range of Monday's bar.
The Index came off, but without any real conviction on Tuesday, probably waiting to see the overnight overseas trading before committing to a direction. As mentioned previously - the resistance above is a logical level for a price failure and would also establish another lower low, so today's trading is quite important (from a chart perspective).
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