FRA40 is moving towards a line of 7308.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FRA40 continues in its current trajectory, we may see it move towards 7308.0000 within the next 17 hours.
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DAX 40 is signaling a possible trend reversal on the intraday charts with price not breaching support.
DAX 40 is moving towards a resistance line. Because we have seen it retrace from this line before,…