The breakout of FRA40 through the 6922.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, FRA40 could test 7143.2500 within the next 4 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 6922.5000 numerous times, FRA40 has finally broken through. Can we expect a bullish trend to follow?
