Breach of important price line imminent by Australia 200

Australia 200 is moving towards a line of 7035.0000 which it has tested numerous times in the past. We have seen it retrace from this position 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 continues in its current trajectory, we may see it move towards 7035.0000 within the next 3 days.

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