FRA40 is moving towards a line of 7308.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FRA40 continues in its current trajectory, we may see it move towards 7308.0000 within the next 17 hours.
Related Posts
Nikkei 225 hits 31071.0 after a 8.53% move spanning 4 days
Nikkei 225 experienced an extremely large move that lasted 4. This movement is in the 3.0 percentile and…
Is the DAX 40 poised for a turn-around after 8 consecutive bearish 4 hour candles?
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…
DAX 40 – It’s perhaps in these huge moves where the greatest opportunity lies
DAX 40 has experienced an extremely big movement in last day. It may continue the trend, but this…