FRA40 Daily chart

22. Jan. 2018French index is stuck for a few days at the 01/11/17 high and fails to break out. We might see some selling and targeting previous support level. If it breaks through the highs we might see some strong buying reaching new highs.

22. Jan. 2018

Kommentar

FRA40 or CAC40 is at an interesting level. There was some selling from the opening, but the price goes higher and with such a movement it could go higher and perhaps break out through the resistance level. If it does and closes above there might be a great chance to go long tomorrow.