FRA40 has broken through a line of 7194.0000 and suggests a possible movement to 7400.8501 within the next 6 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 48 days.
Big movement possible on FRA40 after a breach of 7194.0000
