UK100 is moving towards a line of 7514.5000 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 7514.5000 within the next 8 hours.
Related Posts
Nikkei 225 likely to test 31080.0000 in the near future. Where to next?
Nikkei 225 is moving towards a support line. Because we have seen it retrace from this level in…
Resistance line breached by FTSE 100. This price has been tested at least twice before.
FTSE 100 has broken through a resistance line. It has touched this line at least twice in the…
Could a large bearish move on CAC 40 be a sign of things to come?
CAC 40 hits 6884.0 after a 15.93% move spanning 22 days.