FRA40 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 35 days and may test it again within the next 4 days.
Related Posts
Nikkei 225 – approaching a support line that has been previously tested at least twice in the past
Nikkei 225 was identified at around 42575.0 having recently rebounded of the resistance on the 4 hour data…
After testing 6441.5498 numerous times, US 500 is once again approaching this price point. Can we expect a bearish trend to follow?
The movement of US 500 towards 6441.5498 price line is yet another test of the line it reached…
DAX 40 is signaling a possible trend reversal on the intraday charts with price not breaching support.
DAX 40 is moving towards a resistance line which it has tested numerous times in the past. We…