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Australia CC (AU200AUD) Fossa Long-term: Vndique
Australia 200 is fluctuating below level 6200 in the last four months. On October 16 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the market will reach level 1.272 Fibonacci extension. In other words, the index will reach level 6400 and reverse.
Charta cotidiana lectio Indicatores,
In die XXI-L-dies SMA SMA, et non indicat ADCLIVUS uptrend. Hoc de prioribus surrexit ut in LXX level uiribus fluctuatus 21. Index tempus indicat, qui est in foro uptrend et zona super centerline L.
Australia CC (AU200AUD) Medium-terminus Trend: Bullish
On the 4- hour chart, Australia 200 is in as uptrend. On October 22 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. It suggests that the index will reach level 1.272 Fibonacci extension and reverse. That is a high of 6215.40.
Top IV-hora lectio Indicatores
AU200AUD is below the 80% range of the daily stochastic. The index is in bearish momentum. Sellers are likely to emerge to push prices down. The 21-day SMA and the 50-day SMA are sloping horizontally as the market continues its sideways movement.
General Outlook pro Australia CC (AU200AUD)
Australia 200 is in an uptrend, but the overall trend is range-bound. The price has risen to the overbought region. Today the market is moving upward but the uptrend will be shortlived.
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