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Important price line being approached by AUS200. This price has been tested numerous times before.

AUS200 is moving towards a line of 7461.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If AUS200 continues in its current trajectory, we can expect it to reach 7461.0000 within the next 2 days.

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We expect S to trend downwards right now.

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