AUS200 has broken through a line of 7461.0000 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 7402.2998 can be expected within the next 19 hours.
Related Posts
DOW 30 formed a Falling Wedge on the 15 Minutes chart. Retest of support in sight.
DOW 30 is heading towards the support line of a Falling Wedge and could reach this point within…
DAX 40 keeps moving closer towards 23544.0000. Will it finally breach this level?
DAX 40 is moving towards a line of 23544.0000 which it has tested numerous times in the past.…
A Descending Triangle has formed, DAX 40 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…