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FRA40 seems to be on its way to resistance – a possible opportunity?

FRA40 is heading towards a line of 7483.5000. If this movement continues, the price of FRA40 could test 7483.5000 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.

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Important price line being approached by USD/CAD. This price has been tested numerous times before.

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