FRA40 has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we may see the price of FRA40 testing 32.5892 within the next 5 days. 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.
Related Posts
FTSE 100 seems to be on its way to resistance – a possible opportunity?
FTSE 100 is heading towards 8336.7998 and could reach this point within the next 3 days. It has…
A Triangle has formed, DOW 30 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
DOW 30 is heading towards the resistance line of a Triangle and could reach this point within the…
ASX 200 is approaching 8108.0000. We expect either a breakout through this line, or a rebound.
ASX 200 is moving towards a key support level at 8108.0000. This is a previously tested level for…