ASX 225 is moving towards a resistance 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 5 days and may test it again within the next 12 hours.
Supported by Upward sloping Moving Average
Target: 8499.9004 Entry: 8445.2 Stop: 8422.758

