FRA40 has broken through a resistance line. It has touched this line at least twice in the last 2 days. This breakout may indicate a potential move to 7180.8611 within the next 5 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
After testing the resistance line numerous times, ASX 200 is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Triangle detected on ASX 200 – the pattern is an emerging one and has not yet broken…
If you’re long FTSE 100 you should be aware that 8626.5000 has just been breached – a level tested 3 time in the past
FTSE 100 has breached the support line at 8626.5000. It may continue the bearish trend towards 8522.5400, or,…
DOW 30 hits 43420.26 after a 1.91% move spanning 12 hours
DOW 30 hits 43420.26 after a 1.91% move spanning 12 hours.