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ASX 200 – approaching a price line that has been previously tested numerous times in the past

ASX 200 is moving towards a key support level at 8196.0000. ASX 200 has previously tested this level 3 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

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We expect a 41 pip movement on AUDUSD within 48 hours following the event release.

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Gold Spot is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.

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