FRA40 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5885.0579 within the next 7 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.
1 minute read
Breach of support could mean a start of a bearish trend on FRA40
January 21, 2020 2:14 pm
