Either a rebound or a breakout imminent on UK100

Past performance is not an indicator of future results.
UK100 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of UK100 to test 6605.5000 within the next 23 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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