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Breach of resistance could mean a start of a bullish trend on AUS200

AUS200 has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we may see the price of AUS200 testing 7218.7957 within the next 17 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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We may be expecting a $21,274.11 movement on S within 2 hours following the event release at 17 May 12:30.

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USD/CAD experienced a very large 2 days bearish move to 1.281

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