FRA40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 13 days and may test it again within the next 2 days.
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Supports and resistances are primary concepts of technical analysis. FRA40 is heading for an important price of 7618.0000 – read about what this could mean for the future.
FRA40 is moving towards a support line. Because we have seen it retrace from this level in the…