JPY Trading Outlook (16-06-2014)

Australia

The S&P/ASX 200 index fell 0.44% or 23.747pts to 5405.05 (day range: 5422.6 – 5373.6) on Friday. The index is below its 20d MA (@ 5469) and below its 50d MA (@ 5461). 34% of the index constituents are above their 20D MA (vs 38% the previous session) and 43% of the shares are above their 50D MA (vs 47%).

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