FRA40 – getting close to resistance of a Rising Wedge

Past performance is not an indicator of future results.
FRA40 is moving towards the resistance line of a Rising Wedge. 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 6 days and may test it again within the next 14 hours.