AUS200 has broken through the support line of a Rising Wedge 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 7 days and suggests a possible target level to be around 7562.2540 within the next 10 hours.
AUS200 has broken out from the Rising Wedge pattern. Expect it to hit 7562.2540 soon.
