This trade steup on FRA40 is formed by a period of consolidation; a period in which the price primarily moves sideways before choosing a new direction for the longer term. Because of the bullish breakout through resistance, it seems to suggest that we could see the next price move to 7756.2097.
Related Posts
ASX 200 heading towards a price it has tested 5 times in the recent past.
The price of ASX 200 in heading back to the support area. It is possible that it will…
Nikkei 225 – breach of a trending support line that has been tested at least twice before.
The last 8 30 Minutes candles on Nikkei 225 formed a Triangle pattern and broken out through the…
Will FTSE 100 break through the support level it tested before?
The price of FTSE 100 in heading back to the support area. It is possible that it will…