Either a rebound or a breakout imminent on FRA40

FRA40 is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of FRA40 to test 4701.0000 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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