FRA40 has broken through a support line. It has touched this line at least twice in the last 57 days. This breakout may indicate a potential move to 7450.7037 within the next 6 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
FRA40 has broken out from the Channel Up pattern. Expect it to hit 7450.7037 soon.
