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

FRA40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the next 2 days.

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CORN MAY 2023 has broken through a resistance line. It has touched this line numerous times in the last 5 days.

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FRA40 – approche une ligne de prix qui a été souvent testée auparavant

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