minerva_fx
Long

AUS200 daily chart

FOREXCOM:AUXAUD   AUS200
24 2 3
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.
Retesting that support again. Do you see any signs that it will break through it?
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minerva_fx Ambipath
@Ambipath, I believe we might see selling soon across the board. Indexes like DAX, CAC40, FTSE and Nikkei.
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