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3m Co. – approaching a resistance line that has been previously tested at least twice in the past

3m Co. is moving towards the resistance line of a Falling Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 14 days and may test it again within the next 19 hours.

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UK100 is quickly approaching 7373.5000. We expect either a breakout through this line, or a rebound.

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We expect EURUSD to trend upwards today with a 80% chance.

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