FRA40 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 20 days and suggests a target line to be around 15.0655 within the next 2 days.
Related Posts
Is the DAX 40 poised for a turn-around after 8 consecutive bearish 4 hour candles?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
DAX 40 – It’s perhaps in these huge moves where the greatest opportunity lies
DAX 40 has experienced an extremely big movement in last day. It may continue the trend, but this…
Extreme movement experienced on CAC 40. Check this chart to see what to do next
CAC 40 experienced an extremely large move that lasted 17. This movement is in the 2.0 percentile and…