Possible start of a bearish trend on Australia 200 Index

Australia 200 Index has broken through a line of 6789.6899. If this breakout holds true, we could see the price of Australia 200 Index heading towards 6705.1548 within the next 23 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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