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After testing 157.73 numerous times, 3m Co. is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of 3m Co. towards 157.73 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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FRA40 – breach of a trending support line that has been tested at least twice before.

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