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AUS200 is quickly approaching a very important level it has previously tested numerous times in the past

AUS200 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 26 days and may test it again within the next 5 days.

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We expect USDCAD to trend downwards with a 83.33% chance.

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Important price line being approached by AUD/USD. This price has been tested numerous times before.

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