AUS200 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 6685.2762 can be expected within the next 2 days.
Related Posts
AUS200 has broken through a level it has tested 3 times in the recent past.
A strong support level has been breached at 7869.0000 on the 1 hour AUS200 chart. Technical Analysis theory…
After testing 18679.2500 numerous times, NAS100 has finally broken through. Can we expect a bullish trend to follow?
NAS100 has broken through 18679.2500 which it has tested numerous times in the past. We have seen it…
Will AUS200 break through the resistance level it tested before?
The price of AUS200 in heading back to the resistance area. It is possible that it will struggle…