FRA40 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we may see the price of FRA40 testing 7977.9051 within the next 11 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.
After testing support twice in the past, FRA40 has finally broken through. Can we expect a bearish trend to follow?
