AUS200 has broken through a line of 7178.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 7096.3999 can be expected within the next 20 hours.
Related Posts
US 500 – approaching a price line that has been previously tested numerous times in the past
US 500 is moving towards a key support level at 5815.5898. This is a previously tested level for…
Bulls aim for 7745.4251 after the CAC 40 triggered a bearish formation on the 4 hour chart
CAC 40 has broken through the support line which it has tested twice in the past. We have…
After experiencing a 11.37% bullish move in the space of 31 days, nobody knows where DOW 30 is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…