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AUS200 – breach of price line thats been previously tested numerous times before

AUS200 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 5 days and suggests a possible target level to be around 6445.8999 within the next 11 hours.

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FRA40 – breach of a trending resistance line that has been tested at least twice before.

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After testing support twice in the past, EUR/USD has finally broken through. Can we expect a bearish trend to follow?

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