Thu, 13 Oct 2016 07:14:38 GMT
Australia 200 Index 1H Chart: Rectangle
The Australian index concluded its consolidation period with a violation of the 5'439 bottom trend-line of the rectangle it has consistently traded in for the last two weeks. Following a retracement to the broken demand zone, the gauge is on its way to test 5'409/5'407 after battling 5'419, the September 30 low. Adding more ground to our presumption of an