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FRA40 – approaching a support line that has been previously tested at least twice in the past

FRA40 is moving towards the support line of a Channel Up. Because we have seen it retrace from this line before, 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 26 days and may test it again within the next 4 days.

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AUD/USD – approaching a resistance line that has been previously tested at least twice in the past

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EUR/USD Target Level: 1.0925

EUR/USD Target Level: 1.0925

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