FRA40 is heading towards a line of 6513.5000. If this movement continues, the price of FRA40 could test 6513.5000 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
FRA40 is approaching 6513.5000. We expect either a breakout through this line, or a rebound.
