Aurum Markets Blog Technical Analysis ASX 225 – getting close to psychological price line

ASX 225 – getting close to psychological price line

ASX 225 – getting close to psychological price line post thumbnail image

ASX 225 is heading towards a line of 8354.2002. If this movement continues, the price of ASX 225 could test 8354.2002 within the next 7 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Target: 8354.2002 Entry: 8299.6 Stop: 8273.056

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