ASX 225 is heading towards 8482.9004 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, 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 Downward sloping Moving Average
Target: 8482.9004 Entry: 8512.7 Stop: 8524.231

