Should we expect a bearish trend on Australia 200 Index?
The breakout of Australia 200 Index through the support line of a Rising Wedge could be a sign of the road ahead. If this breakout persists, we expect the price of Australia 200 Index to test 7294.6320 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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