Heres my guess for the imediate range.
BHP often finds direction after the 4th time it hits a trendline, but the last 2 breaks both had no conviction to them and the furthest each break could go was $2 each side of $30 sugesting (to me at least)a range until a decisive break can be made.
there`s alot of overhead resistance above $32 so any progress there would be slow going IMO.
but as always action rather than prediction rules.
the $31/$32 barrier & bhp in london and the us, page-12
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