AUS200 is moving towards a line of 7416.0000 which it has tested numerous times in the past. We have seen it retrace from this position 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 may see it move towards 7416.0000 within the next 2 days.
Important price line being approached by AUS200. This price has been tested numerous times before.
