AUS200 is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 10 days and may test it again within the next 2 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. Nikkei 225 is heading for an important price of 37699.0000 – read about what this could mean for the future.
Nikkei 225 is moving towards a key resistance level at 37699.0000. This is a previously tested level for…
An unexpected large move has occurred on FTSE 100 Daily chart! Is this a sign of something new? What can we expect?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
NAS 100 formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
An emerging Channel Up has been detected on NAS 100 on the 4 hour chart. There is a…