FRA40 Long

Pivot: 7420.00
Our preference:

long positions above 7420.00 with targets at 7507.00 & 7555.00 in extension.
Alternative scenario:

below 7420.00 look for further downside with 7354.00 & 7300.00 as targets.
Comment:

the RSI is above its neutrality area at 50%.
Chart PatternsTechnical IndicatorsTrend Analysis

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