- Major resistance - 5350
- Major Support - 5300 (200 day 4 H MA)
- ASX200 has recovered till 5332 at the time of writing after making a low of 5269 . It is currently trading at 5312.
- Short term trend is slightly bearish as long as resistance 5350 holds.
- On the higher side any break above 5350 will take the index to 5385/5400/5430/5485.The minor resistance is around 5325.
- The index major support is around 5240 (55 day EMA) and break below 5240 targets 5200/5125.
It is good to sell on rallies around 5320 with SL around 5360 for the TP of 5250/5205.


FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major European Indices
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 



