XJO 0.27% 8,036.5 s&p/asx 200

I'm looking at short term support of 1.60It could either...

  1. 6,447 Posts.
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    I'm looking at short term support of 1.60

    It could either keep bouncing off that & keep our markets trading sideways or could get back under 1.2 again which is what the bulls need
    There is another chance it climbs again which is what the bears need
    Nothing is ever certain

    Apart from the 1 month spike during the covid crash, it spent most of last year stable & under 1
    So could get down there again

    I'm leaning towards it heading back down & testing 1.60 in the next few days which should give markets a boost

    But i'll worry about all this on monday night/Tuesday morning
    https://hotcopper.com.au/data/attachments/3059/3059435-75b3180487010acf840c1a9b46382fe9.jpg
    https://hotcopper.com.au/data/attachments/3059/3059438-2bff4d4cff881fb9a0a70de9c1e22c19.jpg
 
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