UK100 is moving towards a line of 7794.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If UK100 continues in its current trajectory, we may see it move towards 7794.0000 within the next 2 days.
Related Posts
If you’re long DAX 40 you should be aware of the rapidly approaching level of 23798.8008
DAX 40 is about to retest a key horizontal support level near 23798.8008. It has tested this level…
FTSE 100 through 9092.328823529411. Is this a confirming a breakout? Will it continue its path in the current trend toward 9111.6839?
FTSE 100 has broken through a resistance line. It has touched this line at least twice in the…
NAS 100 formed a Flag on the 4 hour chart. Retest of support in sight.
NAS 100 is heading towards the support line of a Flag and could reach this point within the…