Big movement possible on Australia 200 Index
Australia 200 Index has broken through a line of 7084.1602 and suggests a possible movement to 7113.3652 within the next 9 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
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