ASX crucial support continues to hold back bears.

OANDA:AU200AUD   Australia 200
ASX200 - 24h expiry - We look to Buy at 6910 (stop at 6860)

We are trading at overbought extremes.
A lower correction is expected.
Short term bias is mildly bullish.
The trend of higher lows is located at 6881.
Preferred trade is to buy on dips.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.

Our profit targets will be 7050 and 7145

Resistance: 7145 / 7320 / 7600
Support: 6860 / 6660 / 6405

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