FRA40 moved through the resistance line of a Channel Down at 7325.260869565218 on the 1 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 7366.0620.
Related Posts
DOW 30 – It’s perhaps in these huge moves where the greatest opportunity lies
An unexpected large move has occurred on DOW 30 1 hour chart beginning at 43346.73 and ending at…
After trying numerous times in the past, DOW 30 finally breaks 43334.1797!
DOW 30 has breached the support line at 43334.1797. It may continue the bearish trend towards 43176.8516, or,…
A Descending Triangle has formed, DAX 40 is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…