The breakout of ASX 225 through the 8018.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ASX 225 could test 7971.6201 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Supported by Downward sloping Moving Average
Target: 7971.6201 Entry: 8008.7 Stop: 8048.153
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