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AUS200 may be on a start of a new bearish trend after its breakout through this important support level

The price of AUS200 in heading in the direction of 7734.7998. Despite the recent breakout through 7810.0000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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