ASX 225 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of ASX 225 could test 8086.3571 within the next 16 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Supported by Upward sloping Moving Average
Target: 8086.3571 Entry: 8002.9 Stop: 7959
NZDUSD has breached the support line at 0.6037. It may continue the bearish trend towards 0.6006, or, it may prove to be yet another test of this level.
A Channel Down pattern was identified on Nikkei 225 at 38850.0, creating an expectation that it may move to the resistance line at 39044.5000. It may break through that line
Nikkei 225 is heading towards the support line of a Falling Wedge. If this movement continues, the price of Nikkei 225 could test 38641.7213 within the next 10 hours. It