FRA40 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 6 days. This breakout indicates a potential move to 27.5117 within the next 7 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
FRA40 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 6 days.
