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minerva_fx
Jan 22, 2018 8:21 AM

AUS200 daily chart Long

Australia 200 CFDFOREX.com

Description

Australian index is loosing steam since 10/01/18. Today it reached support zone where we could see buyers jump in in continuation of the bullish trend. If it breaks below we will see probably strong selling and perhaps trend change.
Comments
Ambipath
Retesting that support again. Do you see any signs that it will break through it?
minerva_fx
@Ambipath, I believe we might see selling soon across the board. Indexes like DAX, CAC40, FTSE and Nikkei.
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