re: keep a close eye on this (chart)
Interesting day for NCP I believe. It has had 4 shots at penetrating this 12.48 level this year (also the 38.2% fib level). The stochastics have rolled down and yesterdays strong move, which gave an impressive bullish engulfing candle, was on the lowest volume for the past 4 days. However, last night NWS finished marginally up in the states, the aud$ is weaker so the aussie price is (if my maths is correct) = $12.61. (37.01/4/73.36).