Australian index breaks local level

  • Apr 07 2021
  • by
  • Analyst AZA
Australian index breaks local level

The Australian index breaks through the local level and tends to go up

This is the third time the Australian index is testing its local level for strength and the price does not go lower after each attempt. The index has the potential for good growth because its historical maximum is still far away, but there are no serious levels nearby that could stop the price growth. You can fix your profit at an even level of 7000, or you can take courage and move your take profit even higher.

Symbol: AUS200
Order Type: Pending Order - Buy Stop
Entry Price: 6950.00
Take Profit: 7000.00
Pips Earning: 50

The result of a trade recommendation. The price reached our Take Profit the next day.

The result of a trade recommendation

In the second position, the profit could be $ 500.00 with a trading volume of 10 FUT.


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