Breach of important price line imminent by FTSE China A50 Index

FTSE China A50 Index is moving towards a line of 13068.1504 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FTSE China A50 Index continues in its current trajectory, we may see it move towards 13068.1504 within the next 2 days.

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