UK100 is about to retest a key horizontal resistance level near 7700.0000. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Related Posts
Breach of 8696.5000 could mean a start of a bearish trend on ASX 200
ASX 200 has broken through a support line. Because we have seen it retrace from this price in…
ASX 200 formed a Channel Up on the 1 hour chart. Retest of support in sight.
ASX 200 is heading towards the support line of a Channel Up. If this movement continues, the price…
DAX 40 seems to be on its way to resistance – a possible opportunity?
The price of DAX 40 in heading back to the resistance area. It is possible that it will…