Breach of resistance could mean a start of a bullish trend on FRA40

FRA40 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5788.0872 within the next 5 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.