AUS200 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 22 hours.
Related Posts
If you’re long DAX 40 you should be aware of the rapidly approaching level of 23798.8008
DAX 40 is about to retest a key horizontal support level near 23798.8008. It has tested this level…
FTSE 100 through 9092.328823529411. Is this a confirming a breakout? Will it continue its path in the current trend toward 9111.6839?
FTSE 100 has broken through a resistance line. It has touched this line at least twice in the…
NAS 100 formed a Flag on the 4 hour chart. Retest of support in sight.
NAS 100 is heading towards the support line of a Flag and could reach this point within the…