SYD - Projection, page-7

5 year weekly chart. The 200 period EMA (red line) is proving a resistance level currently and looks like people are selling into any spikes as allows them to exit at profit or break even based on that longer term trading range. Last bar indicates a fair bit of pushback from sellers as it spiked up.

Volume has increased, is it people exiting or people buying?

20 period Ema (blue line) looks to have flattened out.