Hello,
FRA40 has reached a new 3-month low at 7205.63, testing the 1-year pivot point (PP) as support. As long as it remains above this level, there is potential for an upward trend; however, if it establishes itself below the 1-year PP, further downside may follow.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
FRA40 has reached a new 3-month low at 7205.63, testing the 1-year pivot point (PP) as support. As long as it remains above this level, there is potential for an upward trend; however, if it establishes itself below the 1-year PP, further downside may follow.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.