Let it go......Friday

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Good Morning and Welcome to the XJO Friday Thread
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News for Today (AEST)



The XJO closed higher on Thursday, where spread was a little wider than average, and volume below average.
The XJO floated higher throughout the session, as it attempted to reverse some of the losses from Wednesday.
Price closed just above the previous breakdown line (and still slightly below the older line), which is kind of a positive.
Just remember it is at the edges of previous trading ranges where price failures can occur, and perhaps offer the opportunity to take advantage of them.  So at this stage it is an unconvincing attempted reversal, although with further upside follow through it could become more convincing....otherwise watch closely for any signs of a price failure........and we'll see how it goes.........




Good Trading and Investing