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After testing 197.00 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 197.00 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 14 hours, 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 – approaching a price line that has been previously tested numerous times in the past

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