AUS200 is heading towards 7833.0000 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
AUS200 is approaching 7833.0000. We expect either a breakout through this line, or a rebound.
