FRA40 has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we expect the price of FRA40 to test 17.1833 within the next 2 days. 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.
Breach of resistance could mean a start of a bullish trend on FRA40
