The ASX 200 is holding above its new support level at 5550/5560. Breakout above 5600 would confirm a medium-term target of 5700*.
* Target calculation: 5550 + ( 5550 – 5400 ) = 5700
The ASX 200 is holding above its new support level at 5550/5560. Breakout above 5600 would confirm a medium-term target of 5700*.
* Target calculation: 5550 + ( 5550 – 5400 ) = 5700