AUS200 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 33 days and suggests a possible target level to be around 7197.3516 within the next 7 days.
A possible move by AUS200 towards 7197.3516
