ASX 225 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 13 hours.
Supported by Downward sloping Moving Average
Target: 8228.2998 Entry: 8250.3 Stop: 8261.42
USDJPY is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a great trade-setup for both trend and swing traders. It is now approaching a
DAX 40 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage
ASX 225 is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound