Retska, they are exactly the charts I was trying to produce. Shows how extended we are compared to the rest of the world imho.
The big question for me is how much further does the USD have to fall? In the past, these AUD levels have hurt various local industries. If the USD keeps falling and stays devalued, it could change the industrial makeup of our country as foreign exchange exposed sectors suffer.
Retska, they are exactly the charts I was trying to produce....
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Last
7,682.0 |
Change
-17.800(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,699.8 | 7,703.4 | 7,644.2 |
| XJO (ASX) Chart |