FRA40 has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 31 days. This breakout indicates a potential move to 31.3675 within the next 7 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
FRA40 has broken through support of a Descending Triangle. It has touched this line at least twice in the last 31 days.
