Should we expect a bullish trend on Australia 200 Index?

Australia 200 Index has broken through a line of 7790.2300. If this breakout holds true, we could see the price of Australia 200 Index heading towards 7823.0132 within the next 2 days. 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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