Here is the next AUD pattern that could tell us which way we are going. Looks like a consolidation period (as Pring would describe) but that last hit on the mid line seems to be in trouble getting over the mark. What price does at a pattern mid point quite often preempts the direction of break out.
fryday trading, page-36
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |