FRA40 has broken through the support line of a Support. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 26 days and suggests a target line to be around 5480.9502 within the next 2 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…