Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is currently in ascending channel. The index is rising and approaching level 5800. The index was earlier in a sideways move below level 5600 before a breakout occurs. The market is likely to face another resistance which […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is currently in ascending channel. The bulls have broken above level 5500 but it is currently trading below level 5600. The market fluctuates below the resistance at level 5600. The price is retracing to level 5400 and […]
Key Resistance Zones: 7000, 7100, 7200Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: BullishAustralia 200 is currently in ascending channel. The upward move is currently facing resistance at level 5500. The market has been falling after being resisted at level 5500. The index has fallen to the lower price range and the […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bullish Australia 200 is currently in ascending channel. Since April 14, the upward move terminates at level 5500. The bulls are repelled after testing the resistance at 5500. The resistance level is yet to be broken as the […]
Key Resistance Zones: 7000, 7100, 7200 Key Support Zones: 6100, 6000, 5900 Australia 200 (AU200AUD) Long-term Trend: Bullish The index is in an uptrend. It has been making a series of higher highs and higher lows. On July 29, 2019, the market reached its high of 6800. It was said to be in the overbought […]
