FRA40 has broken through a resistance line of a Inverse Head and Shoulders and suggests a possible movement to 6592.1298 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.
Big movement expected on FRA40 after a breach of the resistance
