FRA40 has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 3 days and suggests a possible target level to be around 7552.7627 within the next 7 hours.
Interesting opportunity on FRA40 after breaking 7590.319444444444
