AUS200 has broken through a line of 6563.0000 and suggests a possible movement to 6606.2998 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
Related Posts
DAX 40 is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 20 days.
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…
ASX 200 is quickly approaching a very important level it has previously tested numerous times in the past
The price of ASX 200 in heading back to the resistance area. It is possible that it will…
DOW 30 has broken through support of a Triangle. It has touched this line at least twice in the last 9 days.
This trade setup on DOW 30 is formed by a period of consolidation; a period in which the…