ASX 225 is moving towards a line of 7954.3999 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 ASX 225 continues in its current trajectory, we may see it move towards 7954.3999 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 7954.3999 Entry: 7935.1 Stop: 7922.453
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