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The FRA 40 index is trying to break free from the bears' clutches.
The FRA 40 index is trying to break free from the bears' clutches.
After a big fall, the price of the index was able to recover. But on its way, there is a strong resistance level 6723, which the price could not overcome in 3 attempts. We will place our order slightly above this level. If the bulls can break it, then we will open a position.
Symbol: FRA40
Order Type: Pending Order - Buy Stop
Entry Price at 6725
Take Profit at 6755
Pips Earning: 30
Forex trade strategy for major currency pairs:
EURUSD buy at the price of 1.1750
USDJPY sell at the price of 109.20
GBPUSD sell at the price of 1.3660
USDCHF sell at the price of 0.9230
The profit can be $354.00 if the trading volume of 10 Futures.
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