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

AUS200 has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 6 days and suggests a target line to be around 6711.1001 within the next 14 hours.

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We expect SI to trend downwards with a 75% chance.

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Resistance line breached by 10 year US Treasury Note JUNE 2021. This price has been tested at least twice before.

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