FRA40 has broken through a support line of a Channel Up and suggests a possible movement to 4881.8565 within the next 7 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 30 days.
Big movement expected on FRA40 after a breach of the support
