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Breach of resistance could mean a start of a bullish trend on FRA40

FRA40 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5895.9286 within the next 12 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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