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AUS200 has broken through support of a Head and Shoulders. It has touched this line at least twice in the last 21 days.

AUS200 has broken through a support line of a Head and Shoulders and suggests a possible movement to 7766.5779 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 21 days.

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