$A has had a 6 week or 45 cal day runup like that leading into last May's high.
It is testing its 6 week trendline, and with MACD and RSI looking sus, can we expect a drop back to 80c.
If so that doesn't suggest a rate rise so perhaps CPI is benign.
Yet XJO fell with the $A last time!
just plain old tuesday
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Last
7,759.6 |
Change
-23.400(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,783.0 | 7,783.0 | 7,654.2 |
| XJO (ASX) Chart |