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After testing 32.4050 numerous times, FRA40 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of FRA40 towards 32.4050 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Support line breached by US30. This price has been tested at least twice before.

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