FRA40 is heading towards a line of 16.2100. If this movement continues, we expect the price of FRA40 to test 16.2100 within the next 7 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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FRA40 is quickly approaching 16.2100. We expect either a breakout through this line, or a rebound.
January 16, 2020 2:16 pm
