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

FTSE China A50 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of FTSE China A50 Index could test 13038.9200 within the next 2 days. 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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