AUS200 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
Related Posts
FTSE 100 – breach of a trending support line that has been tested at least twice before.
FTSE 100 has broken through the support line of a Rising Wedge technical chart pattern. Because we have…
CAC 40 may be on a start of a new bullish trend after its breakout through this important resistance level
CAC 40 has broken through 8148.7998 which it has tested numerous times in the past. We have seen…
Nikkei 225 is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
An emerging Channel Down has been detected on Nikkei 225 on the 1 hour chart. There is a…