FRA40 has broken through a support line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 7317.9458 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
FTSE 100 experienced a very large 59 days bullish move to 8786.0
A movement of 14.45% over 59 days on FTSE 100 doesn’t go unnoticed. You may start considering where…
Nikkei 225 through 37689.35294117647. Is this a confirming a breakout? Will it continue its path in the current trend toward 38106.6602?
Nikkei 225 has broken through a resistance line of a Triangle chart pattern. If this breakout holds true,…
Supports and resistances are primary concepts of technical analysis. Nikkei 225 is heading for an important price of 37699.0000 – read about what this could mean for the future.
Nikkei 225 is moving towards a key resistance level at 37699.0000. This is a previously tested level for…