AUS200 has broken through a line of 7234.0000 and suggests a possible movement to 7208.2002 within the next 7 hours. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Related Posts
Important price line being approached by ASX 200. This price has been tested numerous times before.
ASX 200 is moving towards a support line. Because we have seen it retrace from this level in…
Supports and resistances are primary concepts of technical analysis. NAS 100 is heading for an important price of 23429.0117 – read about what this could mean for the future.
NAS 100 is heading towards a line of 23429.0117. If this movement continues, the price of NAS 100…
A possible move by ASX 200 towards 8967.3377
You would be well advised to confirm the breakout that has just occurred – do you believe the…