NWS is again testing new highs but can't seem to hold ground. Today is the third time in as many weeks it has tested the 27.40 barrier. If it can't hold here it may succumb for a while. I agree that we tend to follow the US and merely adjust for exchange rate. Some analysts in the US however are predicting a sp of $US35-$40 (presumably 12 month target) so time will tell (adjusted for the exchange rate thats around $A50-$58). Can't wait!!
keeps on testing new highs
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