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Resistance line breached by FRA40. This price has been tested at least twice before.

FRA40 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 5734.8050 can be expected within the next 8 hours.

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Microsoft Corporation is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 18 days.

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