Is the extremely large movement on FRA40 a sign of things to come?

FRA40 dropped sharply for 25 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in FRA40 there is a chance that we will witness a correction, no matter how brief.

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Is the extremely large movement on FRA40 a sign of things to come?

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EUR/USD broke through a support at 2023-11-21T18:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 1.0881.

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EUR/USD atravesó un nivel de soporte a las 2023-11-21T18:00:00.000Z, con el impulso del precio que continúa moviéndose en dirección bajista para las próximas horas, se presenta una buena oportunidad, ya que se espera que el precio llegue a 1.0881.

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Is the extremely large movement on FRA40 a sign of things to come?

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