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The FRA40 index tests its all-time high for strength
The French FRA40 stock index is close to its all-time high. Such levels are important and their breakout can bring traders big profits. It is enough to wait until the price can create a new all-time high and join the bulls. As a rule, such breakouts receive an additional impulse due to the large number of orders that are placed behind them.
Symbol: FRA40
Order Type: Pending Order - Buy Stop
Entry Price at 6915
Take Profit at 6950
Pips Earning: 35
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1535
USDJPY buy at the price of 114.45
GBPUSD sell at the price of 1.3640
USDCHF sell at the price of 0.9140
The result of a trade recommendation.