FRA40 has broken through a resistance line of a Inverse Head and Shoulders chart pattern. If this breakout holds true, we expect the price of FRA40 to test 5817.3384 within the next 9 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.
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FRA40 moves higher to 8081.5 in the last 6 days.
FRA40 has moved higher by 2.32% from 7898.0 to 8081.5 in the last 6 days.
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After experiencing a 1.62% bullish move in the space of 5 days, nobody knows where FRA40 is headed.
FRA40 hits 8026.0 after a 1.62% move spanning 5 days.