Will FTSE China A50 Index have enough momentum to break resistance?
FTSE China A50 Index was identified at around 12071.81 having recently rebounded of the support on the 4 hour data interval. Ultimately, the price action of the stock has formed a Channel Up pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 12190.8173 level.
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