FRA40 is quickly approaching 6057.5000. We expect either a breakout through this line, or a rebound.

FRA40 is heading towards a line of 6057.5000. If this movement continues, we expect the price of FRA40 to test 6057.5000 within the next 11 hours. 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 just like it did in the past.