Breach of resistance line imminent by Spain 35 Index
Spain 35 Index is moving towards the resistance line of a Falling Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Spain 35 Index continues in its current trajectory, we can expect it to reach 8566.2000 within the next 5 hours.
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