The breakout of FRA40 through the 7174.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, FRA40 could test 7145.7002 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
It’s time to make a decision on FRA40 – its recent breach of 7174.5000 could be a sign of a new trend to follow.
