FRA40 has broken through a line of 16.8900. If this breakout holds true, we expect the price of FRA40 to test 16.5095 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Breach of 16.8900 could mean a start of a bearish trend on FRA40
