FRA40 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5938.5105 within the next 9 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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Breach of support could mean a start of a bearish trend on FRA40
January 23, 2020 2:13 pm
