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Breach of resistance could mean a start of a bullish trend on FRA40

FRA40 has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we expect the price of FRA40 to test 6483.2516 within the next 2 days. 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.

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We expect CL to trend downwards today with a 66.67% chance.

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Important price line being approached by NAS100. This price has been tested numerous times before.

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