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FRA40 – approaching a price line that has been previously tested numerous times in the past

FRA40 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 40 days and may test it again within the next 5 days.

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We expect FV to trend upwards today with a 71.43% chance.

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