The price of FRA40 in heading in the direction of 8183.2998. Despite the recent breakout through 8206.5000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
Breach of support could mean a start of a bearish trend on FTSE 100
You would be well advised to confirm the breakout that has just occurred – do you believe the…
US 500 keeps moving closer towards 5896.3398. Will it finally breach this level?
US 500 is moving towards a support line. Because we have seen it retrace from this level in…
US 500 – approaching a resistance line that has been previously tested at least twice in the past
US 500 is moving towards a resistance line which it has tested numerous times in the past. We…