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Resistance line breached by ASX 200. This price has been tested at least twice before.

ASX 200 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 8228.9518 may materialize within the next 22 hours.

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Rare set of bearish consecutive candles on the NKE Daily chart. Can we expect a turn-around?

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If NZDUSD touches 0.5608 it may be time to take action.

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