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Breach of support could mean a start of a bearish trend on FRA40

FRA40 has broken through a support line of a Triangle chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5779.4148 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.

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After experiencing a 5.8% bullish move in the space of 9 days, nobody knows where Wheat MARCH 2020 is headed.

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USD/CAD is quickly approaching 1.3316. We expect either a breakout through this line, or a rebound.

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