FRA40 is heading towards a line of 6467.5000. If this movement continues, we expect the price of FRA40 to test 6467.5000 within the next 15 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 just like it did in the past.
FRA40 is quickly approaching 6467.5000. We expect either a breakout through this line, or a rebound.
