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After testing 5725.0000 numerous times, FRA40 has finally broken through. Can we expect a bullish trend to follow?

The breakout of FRA40 through the 5725.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of FRA40 to test 5861.3999 within the next 4 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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Important price line breached by UK100. This price has been tested numerous times before.

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Support line breached by 10 year US Treasury Note MARCH 2021. This price has been tested at least twice before.

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