FRA40 is heading towards 7219.5000 and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
DAX 40 seems to be on its way to resistance – a possible opportunity?
The price of DAX 40 in heading back to the resistance area. It is possible that it will…
FTSE 100 is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Channel Up pattern in its final wave was identified on the FTSE 100 1 hour chart. After…
Important price line being approached by DAX 40. This price has been tested numerous times before.
DAX 40 is heading towards a line of 24506.1992. If this movement continues, the price of DAX 40…