The breakout of FRA40 through the 7592.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, FRA40 could test 7569.9502 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
NAS100 heading towards a price it has tested 3 times in the recent past.
NAS100 is heading towards a line of 20030.2500. If this movement continues, the price of NAS100 could test…
Breach of support could mean a start of a bearish trend on US30
US30 moved through the support line of a Rising Wedge at 39688.916666666664 on the 1 hour chart. This…
Important price line breached by UK100. This price has been tested numerous times before.
UK100 has broken through a support line. Because we have seen it retrace from this price in the…