AUS200 has broken through a support line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 6817.7002 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
Related Posts
FTSE 100 seems to be on its way to resistance – a possible opportunity?
The price of FTSE 100 in heading back to the resistance area. It is possible that it will…
A Rising Wedge has formed, ASX 200 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
ASX 200 is moving towards a resistance line. Because we have seen it retrace from this line before,…
An unexpected large move has occurred on DOW 30 Daily chart! Is this a sign of something new? What can we expect?
DOW 30 has moved lower by 8.02% from 44551.98 to 40977.5 in the last 29 days.