FRA40 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 7256.5142 within the next 8 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
There is a possibility of a big movement on FRA40 after a breach of the resistance
