FRA40 is heading towards a line of 17.5400. If this movement continues, we expect the price of FRA40 to test 17.5400 within the next 2 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 17.5400. We expect either a breakout through this line, or a rebound.
December 27, 2019 2:03 pm
