FRA40 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of FRA40 testing 6548.7419 within the next 16 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Breach of resistance could mean a start of a bullish trend on FRA40
