FRA40 moved through the resistance line of a Channel Down at 6970.993243243242 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 7125.3949.
Related Posts
DOW 30 moves lower to 41060.92 in the last 15 hours.
DOW 30 has moved lower by 1.75% from 41790.88 to 41060.92 in the last 15 hours.
DAX 40 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
An emerging Channel Down has been detected on DAX 40 on the 1 hour chart. There is a…
ASX 200 seems to be on its way to resistance – a possible opportunity?
ASX 200 is moving towards a resistance line. Because we have seen it retrace from this level in…