Past performance is not an indicator of future results.
FRA40 is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of FRA40 to test 4841.5000 within the next 2 days. 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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