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A possible move by AUS200 towards 7100.7826

AUS200 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 7100.7826 may materialize within the next 15 hours.

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A possible move by AUS200 towards 7100.7826

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After experiencing a 3.47% bullish move in the space of 18 days, nobody knows where AUD/USD is headed.

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