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ASX 200 has broken through a resistance line. It has touched this line numerous times in the last 6 days.

The breakout of ASX 200 through the 8496.4004 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ASX 200 could test 8526.1699 within the next 15 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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