Either a rebound or a breakout imminent on Australia 200 Index

Australia 200 Index is heading towards a line of 7472.1099. If this movement continues, the price of Australia 200 Index could test 7472.1099 within the next 17 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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