Recoveries are Limited in FRA40



While the main item of the agenda in global markets continues to be the concerns about the banking sector, the gains achieved by the index from the lower band are limited. In the index, which cannot exceed the 50-period simple moving average (SMA), the downward willingness gains strength again, and 6 923 and 6 872 supports can be targeted again in the permanence to be provided below the 6 970 support in the current pressure. On the other hand, we will be watching the 6 990 – 7 015 resistance range for possible rebounds.