FRA40 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 6998.7345 may materialize within the next 13 hours.
Related Posts
After testing the resistance line numerous times, NAS 100 is once again approaching this line. Can we expect a bullish trend to follow?
NAS 100 is heading towards the resistance line of a Channel Up. If this movement continues, the price…
NAS 100 is approaching 19358.1250. We expect either a breakout through this line, or a rebound.
The movement of NAS 100 towards 19358.1250 price line is yet another test of the line it reached…
After experiencing a 13.16% bullish move in the space of 24 days, nobody knows where DAX 40 is headed.
DAX 40 hits 22577.8 after a 13.16% move spanning 24 days.