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I agree, it needs to push past that 3.3 line. The chart has been...

  1. 118 Posts.
    lightbulb Created with Sketch. 29
    I agree, it needs to push past that 3.3 line. The chart has been very respectful bouncing off the 50 and 100 day EMA lines. Its recently broken through the triangle and I’d say a good test of support will come in the form of closing the gap and bouncing off the 2.7 trend line.

    https://hotcopper.com.au/data/attachments/3213/3213430-73d02ab43c96940f9146d0f4a7747947.jpg

    I like the look of the 62 fib holding firm too, if it does play out, 3.9 is a nice target to aim for in the short term.


    https://hotcopper.com.au/data/attachments/3213/3213435-3034dd76d70e58e098fdf7df8b7615e7.jpg

 
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