FRA40 has broken through a support line of a Rising Wedge and suggests a possible movement to 7033.1086 within the next 7 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 3 days.
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Important price line being approached by DAX 40. This price has been tested numerous times before.
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