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AUS200 breakout from a Inverse Head and Shoulders trade setup. Will it continue this trend to hit the target price?

This trade steup on AUS200 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 7648.8770.

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After testing 7738.5000 numerous times, UK100 is once again approaching this price point. Can we expect a bullish trend to follow?

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