#NAB moving towards upper trend line
Updated
#NAB has been making lower highs since its peak in 2015. Since then SP has been fallen each of the last 4 times when approaching the upper trend line. A break of the trend line with strong volume could see a bullish run to 30, 34 and 37.
Trade closed: stop reached
Coronavirus along with the reserve bank's decision to cut rates to 0.50% has hit the banks.
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