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FRA40 – breach of a trending support line that has been tested at least twice before.

FRA40 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 3 days and suggests a target line to be around 4857.3378 within the next 7 hours.

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10 year US Treasury Note SEPTEMBER 2020 is approaching the support line of a Support. It has touched this line numerous times in the last 2 days.

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