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A possible move on ASX 200 as it heads towards resistance

ASX 200 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If ASX 200 continues in its current trajectory, we could see it reach 7771.2750 within the next 17 hours.

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