ASX 225 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 5 days and suggests a possible target level to be around 7776.3110 within the next 8 hours.
Target: 7776.311 Entry: 7751.8111 Stop: 7693.6

