France 40
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France 40 to find support at current price?

FRA40 - Intraday - We look to Buy at 7100 (stop at 7035)

Previous support located at 7150.
Previous resistance located at 7200.
There is no clear indication that the upward move is coming to an end.
Short term RSI has turned positive. Risk/Reward would be poor to call a buy from current levels.
A move through 7200 will confirm the bullish momentum.

Our profit targets will be 7250 and 7300

Resistance: 7200 / 7250 / 7300
Support: 7150 / 7100 / 7050

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