Hello Everyone,
The FRA40 recently reached a 6-month low at 7028.18, where it has found support. The 1-year, 1-week, and 1-day pivot points have also served as supports so far. While it has stabilized at this level, further support tests cannot be ruled out. Nevertheless, conditions are gradually aligning for a potential bullish movement!
TradeWithTheTrend3344
The FRA40 recently reached a 6-month low at 7028.18, where it has found support. The 1-year, 1-week, and 1-day pivot points have also served as supports so far. While it has stabilized at this level, further support tests cannot be ruled out. Nevertheless, conditions are gradually aligning for a potential bullish movement!
TradeWithTheTrend3344
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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.
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.