FRA40 has broken through the resistance line of a Channel Down. It has touched this line at least twice in the last 4 days. This breakout indicates a potential move to 5849.0668 within the next 14 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
FRA40 has broken through resistance of a Channel Down. It has touched this line at least twice in the last 4 days.
