Receive the latest alerts via email

A quick move expected on FRA40 as it starts approaching a resistance line of a Channel Down

FRA40 is heading towards the resistance line of a Channel Down and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Total
0
Shares
Previous Post

Support line breached by XRPUSD. This price has been tested at least twice before.

Next Post

USD/JPY is quickly approaching 108.3930. We expect either a breakout through this line, or a rebound.

ARTÍCULOS RELACIONADOS