FRA40 has broken through a resistance line of a Triangle and suggests a possible movement to 5390.0155 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
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If FRA40 touches 8021.5000 it may be time to take action.
FRA40 is approaching a resistance line at 8021.5000. If it hits the resistance line, it may break through…