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Important price line breached by FRA40. This price has been tested numerous times before.

FRA40 has broken through a line of 6736.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 6697.3501 can be expected within the next 10 hours.

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We expect a 267 pip movement on UB for the next 12 hours.

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After testing 4521.7500 numerous times, E-mini S&P 500 SEPTEMBER 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

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