AUS200 has broken through the support line of a Channel Up technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 4 days and suggests a possible target level to be around 7802.8588 within the next 19 hours.
AUS200 broke through a support at 2024-03-08T18:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 7802.8588.
