The breakout of AUS200 through the 7183.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, AUS200 could test 7308.3999 within the next 5 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
DAX 40 likely to test 22702.6992 in the near future. Where to next?
The movement of DAX 40 towards 22702.6992 price line is yet another test of the line it reached…
Because CAC 40 formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
CAC 40 is moving towards a support line which it has tested numerous times in the past. We…
Could a large bearish move on DAX 40 be a sign of things to come?
Those of you that are trend followers are probably eagerly watching DAX 40 to see if its latest…