FRA40 is heading towards a line of 30.0200. If this movement continues, the price of FRA40 could test 30.0200 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
FRA40 is approaching 30.0200. We expect either a breakout through this line, or a rebound.
