Should we expect a breakout or a rebound on FTSE China A50 Index?

FTSE China A50 Index is heading towards the support line of a Falling Wedge. If this movement continues, the price of FTSE China A50 Index could test 11489.0372 within the next 16 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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