AUS200 has broken through a resistance line of a Inverse Head and Shoulders and suggests a possible movement to 6755.0120 within the next 8 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 40 days.
Big movement expected on AUS200 after a breach of the resistance
