FRA40 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 6724.4442 can be expected within the next 15 hours.
ARTÍCULOS RELACIONADOS
Breach of support could mean a start of a bearish trend on US 500
This trade setup on US 500 is formed by a period of consolidation; a period in which the…
NAS 100 is signaling a possible trend reversal on the intraday charts with price not breaching support.
NAS 100 is heading towards the resistance line of a Rising Wedge. If this movement continues, the price…
If DAX 40 touches 23544.0000 it may be time to take action.
DAX 40 is en route to a very important line that will be a definite deciding factor of…