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Breach of support could mean a start of a bearish trend on FRA40

FRA40 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of FRA40 to test 6017.8676 within the next 21 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.

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We expect 6C to trend downwards today with a 75% chance.

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Important price line breached by Chevron. This price has been tested numerous times before.

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