FRA40 has broken through the support 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 5430.5580 can be expected within the next 6 hours.
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Support line breached by FRA40. This price has been tested at least twice before.
November 16, 2020 10:15 pm
