AUS200 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of AUS200 testing 7748.0997 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
US 500 – breach of price line that’s been previously tested numerous times before
US 500 has broken through a resistance line. It has touched this line numerous times in the last…
Because DOW 30 formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower
DOW 30 is approaching the support line of a Falling Wedge. It has touched this line numerous times…
A final push possible on US 500 as it starts approaching a price line of 6345.0200.
US 500 is heading towards a line of 6345.0200. If this movement continues, the price of US 500…