FRA40 has broken through a line of 17.4100 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 17.0716 can be expected within the next 9 hours.
Important price line breached by FRA40. This price has been tested numerous times before.
