ASX 225 is moving towards a line of 8547.2002 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If ASX 225 continues in its current trajectory, we may see it move towards 8547.2002 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 8547.2002 Entry: 8524.8 Stop: 8506.214
AUDUSD moved through the support line of a Triangle at 0.6467065624999999 on the 1 hour chart. This line has been tested a number of times in the past and this
This trade setup on LTCUSD is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term.
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.