Australia 200
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Buying AU200AUD at previous resistance.

ASX200 - 22h expiry - We look to Buy at 7270 (stop at 7230)

Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
A lower correction is expected.
The medium term bias remains bullish.
We look to buy dips.

Our profit targets will be 7390 and 7590

Resistance: 7340 / 7590 / 7800
Support: 7140 / 6965 / 6860

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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

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ASXasx200asx200longau200AUSTRALIA 200australia200oandatradeideaTrend Analysis

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