Big movement expected on Australia 200 Index
Australia 200 Index has broken through a resistance line of a Triangle and suggests a possible movement to 7563.8781 within the next 4 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 18 days.
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