AUS200 – getting close to resistance of a Ascending Triangle

Past performance is not an indicator of future results.
AUS200 is moving towards the resistance line of a Ascending Triangle. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 11 days and may test it again within the next 3 days.