FRA40 has broken through the support line of a Channel Up. It has touched this line at least twice in the last 16 days. This breakout indicates a potential move to 11.2746 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
FRA40 has broken through support of a Channel Up. It has touched this line at least twice in the last 16 days.
