Breach of important price line imminent by Australia 200 Index
Australia 200 Index is moving towards a line of 7334.4102 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 Australia 200 Index continues in its current trajectory, we may see it move towards 7334.4102 within the next 15 hours.
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