Breach of important price line imminent by FRA40

Past performance is not an indicator of future results.
FRA40 is moving towards a line of 5068.5000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FRA40 continues in its current trajectory, we can expect it to reach 5068.5000 within the next 15 hours.