AUS200 – Retest of 8,634.00 After Swing High RejectionS&P/ASX 200 Index CashFX:AUS200SPOT_FXAUS200 pulled back sharply after tagging the recent high at 8,784.83, now testing the 8,634.00 support zone which aligns with the 21 SMA. This level is acting as the immediate battleground. Support at: 8,634.00 🔽 | 8,530.00 | 8,400.00 Resistance at: 8,784.83 🔼 🔎 Bias: 🔼 Bullish: If price stabilizes above 8,634.00 and reclaims bullish momentum, we could see another retest of the high at 8,784.83. 🔽 Bearish: A daily close below 8,634.00 puts 8,530.00 and 8,400.00 in play, especially if the 21 SMA fails to hold as dynamic support. 📛 Disclaimer: This is not financial advice. Trade at your own risk.