FRA40 has broken through a line of 8154.5000 and suggests a possible movement to 8117.6499 within the next 10 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.
If you’re long FRA40 you should be aware that 8154.5000 has just been breached – a level tested 4 time in the past
