FRA40 has broken through a resistance line of a Triangle and suggests a possible movement to 7778.8885 within the next 21 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
Bulls aim for 7778.8885 after the FRA40 triggered a bullish formation on the 4 hour chart
