Either a rebound or a breakout imminent on FTSE China A50 Index

FTSE China A50 Index is heading towards the support line of a Rising Wedge. If this movement continues, the price of FTSE China A50 Index could test 12970.7500 within the next 18 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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