FRA40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 20 hours.
Related Posts
ASX 200 formed a Rectangle on the 15 Minutes chart. Retest of support in sight.
ASX 200 is approaching the support line of a Rectangle. It has touched this line numerous times in…
FTSE 100 consistently settling in one direction. Will it continue?
Trend followers are probably eagerly watching FTSE 100 to see if its latest 5 consecutive candles continues. If…
Nikkei 225 has broken through a level it has tested 3 times in the recent past.
Nikkei 225 is once again retesting a key horizontal resistance level at 37994.0000. It has tested this level…