Further Downside Expected for ASX200

13 באוג׳ 2019

AU200AUD is expected to trade towards 1ts support, 3.82% Fibo retracement after breaking down from the lower trend line of the upward trend channel.

Overhead support-turned-resistance (LPSY) also created additional layer of difficult for the index to trade higher.

A break above 6,765 wil falsify the analysis.

30 באוג׳ 2019

עסקה סגורה: היעד הושג

Traded to a low of 6,350, 50 points away from our 6,300 target.