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Interesting opportunity on FRA40 after breaking 8104.25

FRA40 has broken through the resistance line of a Falling Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 13 days and suggests a possible target level to be around 8143.8886 within the next 22 hours.

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