ASX 200 is heading towards the support line of a Channel Up. If this movement continues, the price of ASX 200 could test 8682.8800 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
ASX 200 formed a Channel Up on the 1 hour chart. Retest of support in sight.
