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6 months ago

The case for the XJO testing 5000 and below.

 

There are a few that suggest the AUD is heading for 40cents / USD. Along with Interest rates at 1%.  ( AFR today /BT Financial )

This overlay of the XJO with the AUD suggests this is occurring with the AUD ( blue) in a down trend, and the XJO  currently down from the 2014 high, possibly following.

 

XJO AUD