AUS200 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 7712.0854 within the next 23 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 9 days.
AUS200 broke through a resistance at 2024-04-19T14:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 7712.0854.
