FRA40 has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we expect the price of FRA40 to test 22.8164 within the next 13 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
