AUS200 Breaks 1M Pivot, Eyes Further Upside
Hello,
AUS200 has successfully overcome a significant hurdle, closing above the 1M pivot point. If the price sustains this level comfortably, further upside is likely. Key resistance levels to monitor include 8452.154 and 8310.892 for the 1M timeframe, and 8826.902, 8498.266, and 8388.7207 for the 1Y timeframe.
While the previous scenario for AUS200 didn't materialize as expected, the index instead pushed higher. Despite lingering skepticism about further gains, the current price action signals potential for continued growth.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
AUS200 has successfully overcome a significant hurdle, closing above the 1M pivot point. If the price sustains this level comfortably, further upside is likely. Key resistance levels to monitor include 8452.154 and 8310.892 for the 1M timeframe, and 8826.902, 8498.266, and 8388.7207 for the 1Y timeframe.While the previous scenario for AUS200 didn't materialize as expected, the index instead pushed higher. Despite lingering skepticism about further gains, the current price action signals potential for continued growth.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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