Hello,
FRA40 appears poised for further downside, with an initial test of the strong 1-month support at 7170.0955. If the price breaks and closes below this level, it could challenge the entire 1-year support structure. Regardless, bearish momentum is currently underway.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
FRA40 appears poised for further downside, with an initial test of the strong 1-month support at 7170.0955. If the price breaks and closes below this level, it could challenge the entire 1-year support structure. Regardless, bearish momentum is currently underway.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.