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 16 days and may test it again within the next 3 days.
Related Posts
Extreme movement experienced on ASX 200. Check this chart to see what to do next
ASX 200 has moved higher by 12.56% from 7165.3 to 8065.6 in the last 25 days.
After testing the resistance line numerous times, NAS 100 is once again approaching this line. Can we expect a bullish trend to follow?
NAS 100 is heading towards the resistance line of a Channel Up. If this movement continues, the price…
NAS 100 is approaching 19358.1250. We expect either a breakout through this line, or a rebound.
The movement of NAS 100 towards 19358.1250 price line is yet another test of the line it reached…