The movement of FRA40 towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
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Will Nikkei 225 break through the support level it tested before?
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CAC 40 hits 7880.9 after a 13.03% move spanning 37 days
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DAX 40 is quickly approaching the resistance line of a Channel Up. We expect either a breakout through this line or a rebound.
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