Thursday, October 15, 2026

Technicals

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ASX200 trades well above 5200, targets 5280/5330

Major resistance - 5215 (55 W EMA) ASX200 has broken major resistance 5215 and jumped till 5241 at the time of writing. It is currently trading at 5210. Short term trend is lightly bullish as long as support 5150 holds. …

By FxWire Pro
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ASX200 trades well above 5200, targets 5280/5330
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  • Major resistance - 5215 (55 W EMA)
     
  • ASX200 has broken major resistance 5215 and jumped till 5241 at the time of writing. It is currently trading at 5210.
     
  • Short term trend is lightly bullish as long as support 5150 holds.
     
  • On the higher side any break above 5215 will take the index to 5282/5330.
     
  • The major intraday  support is around 5150 and any break below major support 5130/5100.The minor support is around 5180.​ 

It is good to buy at dips around 5180 with SL around  5145 for the TP of 5225/5275

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