AUS200 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 7390.8809 within the next 12 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
There is a possibility of a big movement on AUS200 after a breach of the resistance
