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

AUS200 has broken through the resistance line of a Resistance. 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 3 days and suggests a target line to be around 7317.3999 within the next 10 hours.

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Important price line being approached by 3m Co.. This price has been tested numerous times before.

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UK100 is quickly approaching 7120.0000. We expect either a breakout through this line, or a rebound.

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