AUS200 has broken through a support line of a Triangle and suggests a possible movement to 7023.2311 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 10 days.
AUS200 – breach of a trending support line that has been tested at least twice before.
