FRA40 has broken through a resistance line of a Inverse Head and Shoulders chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5655.4484 within the next 20 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Breach of resistance could mean a start of a bullish trend on FRA40
