AUS200 has broken through a resistance line. It has touched this line at least twice in the last 3 days. This breakout may indicate a potential move to 6860.9187 within the next 14 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
DOW 30 hits 43849.88 after a 5.29% move spanning 3 days.
Important price line being approached by FTSE 100. This price has been tested numerous times before.
FTSE 100 is moving towards a resistance line. Because we have seen it retrace from this level in…
After testing the support line numerous times, ASX 200 is once again approaching this line. Can we expect a bearish trend to follow?
ASX 200 is moving towards a support line which it has tested numerous times in the past. We…