BUY AUS200 – 8948.5

Technically the AUS200 index has just completed an equal high‑low sweep and is filling a recent gap, a classic bullish sweep signal. Volume is unusually high, confirming aggressive buying, while the 8947.5 level provides a structural stop based on recent swing lows. Although OBV shows a short‑term conflict, the price action on the H4 chart is 32% bullish, and higher‑timeframe bias remains neutral, reducing the risk of a false breakout. Fundamentally, the US dollar is under pressure after a slowdown in CPI, which tends to lift commodity‑linked currencies like the AUD. Upcoming RBA minutes are expected to be dovish or neutral, further supporting the Aussie. With limited macro news and a quiet trading week, the confluence of technical momentum and favorable fundamental backdrop justifies a buy at 8948.5 with tight stop at 8947.5 and incremental profit targets at 8949.3, 8950 and 8951.