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Global Indices

FTSE100 – resistance line broken at 2024-01-08T18:00:00.000Z

  

FTSE100 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 7740.9251 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 12 days.

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