Possible breach of resistance level by Australia 200 Index
Australia 200 Index is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Australia 200 Index continues in its current trajectory, we could see it reach 7380.2300 within the next 9 hours.
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