Aurum Markets Blog Technical Analysis Big movement possible on ASX 225

Big movement possible on ASX 225

Big movement possible on ASX 225 post thumbnail image

ASX 225 has broken through a line of 8354.2002. If this breakout holds true, we could see the price of ASX 225 heading towards 8385.5801 within the next 17 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.

Supported by Upward sloping Moving Average

Target: 8385.5801 Entry: 8359 Stop: 8273.056

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