Australia 200Long
ASX Approaching Support, Prepare For A Bounce!
ASX is approaching its support at 6227 (78.6% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low support, channel support) where it could potentially bounce to its resistance at 6278 (horizontal overlap resistance).
Stochastic (55, 5, 3) is approaching its support at 5.6% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 5.6% where a corresponding bounce could occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.