FRA40 is moving towards the resistance line of a Channel Up. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 15 days and may test it again within the next 2 days.
Related Posts
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.
There is a possibility of a big movement on AUS200 after a breach of the support
AUS200 has broken through a support line of a Rising Wedge and suggests a possible movement to 7684.3244…
Interesting opportunity on NAS100 after breaking 17331.416666666664
NAS100 has broken through a resistance line of a Channel Down and suggests a possible movement to 17524.3141…