Australia 200 Index broke through important 7338.8101 price line

Australia 200 Index has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 13 days. This breakout shows a potential move to 7385.8760 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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