Breach of important price line imminent by Australia 200 Index
Australia 200 Index is moving towards a line of 7528.6602 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Australia 200 Index continues in its current trajectory, we can expect it to reach 7528.6602 within the next 3 days.
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