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AUS200 – breach of price line thats been previously tested numerous times before

AUS200 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 6 days and suggests a target line to be around 7008.7998 within the next 16 hours.

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After testing 6870.0000 numerous times, UK100 is once again approaching this price point. Can we expect a bullish trend to follow?

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