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A final push possible on FRA40 as it starts approaching a price line of 6853.5000.

FRA40 is heading towards 6853.5000 and could reach this point within the next 4 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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Support line breached by US Treasury Bond MARCH 2022. This price has been tested at least twice before.

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