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Breach of support could mean a start of a bearish trend on AUS200

AUS200 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of AUS200 testing 7111.3979 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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After testing 174.76 numerous times, Chevron is once again approaching this price point. Can we expect a bullish trend to follow?

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