FRA40 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of FRA40 to test 5346.5000 within the next 9 hours. 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.
Related Posts
FRA40 moves higher to 8081.5 in the last 6 days.
FRA40 has moved higher by 2.32% from 7898.0 to 8081.5 in the last 6 days.
Extreme movement experienced on NAS100. Check this chart to see what to do next
Those of you that are trend followers are probably eagerly watching NAS100 to see if its latest 6.27%…
After experiencing a 1.62% bullish move in the space of 5 days, nobody knows where FRA40 is headed.
FRA40 hits 8026.0 after a 1.62% move spanning 5 days.