FRA40 Short

Pivot: 7300.00
Our preference:

short positions below 7300.00 with targets at 7226.00 & 7100.00 in extension.
Alternative scenario:

above 7300.00 look for further upside with 7320.00 & 7380.00 as targets.
Comment:

as long as 7300.00 is resistance, look for choppy price action with a bearish bias.
Chart PatternsTechnical IndicatorsTrend Analysis

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