ASX 200 is heading towards a line of 7947.2002. If this movement continues, the price of ASX 200 could test 7947.2002 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Supports and resistances are primary concepts of technical analysis. ASX 200 is heading for an important price of 7947.2002 – read about what this could mean for the future.
