FTSE China A50 Index broke through important 12462.9697 price line

FTSE China A50 Index has broken through a resistance line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 12523.9404 within the next 7 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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