ASX 225 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 20 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 8258.3575 Entry: 8209.2 Stop: 8183.7
ASX 225 has broken through a resistance line. It has touched this line numerous times in the last 15 days. This breakout shows a potential move to 8128.1001 within the
The price of USDJPY in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The
ETHUSD was identified at around 3824.62 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up