FRA40 has broken through a line of 4720.5000 and suggests a possible movement to 4528.7002 within the next 2 days. It has tested this line numerous times 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 18 days.
Big movement expected on FRA40 after a breach of 4720.5000
