ANALYSIS
NQ100 Finds Support from PPIApr 14
FRA40 Reaches Historical High
We see that the data indicating that it will be possible for the European economy to avoid a dramatic recession in the last quarter of 2022 - the first quarter of 2023 has brought demand for FRA40. When analyzed technically, it is quite clear that the index maintains its intermediate upward trend. If the level of 7 435 points can be surpassed permanently in the ongoing recovery, 7 494 points, which is cut by the Fibonacci 200 percent expansion line, can become the target position. In surprise withdrawals, 7 312 and 7 248 point levels will be followed.
