FRA40 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 8 days. This breakout indicates a potential move to 5493.3203 within the next 19 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 support of a Rising Wedge. It has touched this line at least twice in the last 8 days.
