The movement of ASX 200 towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 6 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Because ASX 200 formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
