AUS200 has broken through the support 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 5 days and suggests a possible target level to be around 7244.7009 within the next 13 hours.
Related Posts
CAC 40 is approaching 7536.0000. We expect either a breakout through this line, or a rebound.
The price of CAC 40 in heading back to the support area. It is possible that it will…
FTSE 100 moves higher to 8597.81 in the last 31 days.
FTSE 100 hits 8597.81 after a 11.99% move spanning 31 days.
A possible move on US 500 as it heads towards support
US 500 is heading towards the support line of a Channel Down and could reach this point within…