The breakout of AUS200 through the resistance line of a Falling Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of AUS200 to test 7207.0386 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, AUS200 has finally broken through. Can we expect a bullish trend to follow?
