The price of FTSE 100 in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
Related Posts
There is a possibility of a big movement on Nikkei 225 after a breach of the support
Nikkei 225 moved through the support line of a Channel Up at 39983.92307692308 on the 1 hour chart.…
Nikkei 225 – breach of price line that’s been previously tested numerous times before
The price of Nikkei 225 in heading in the direction of 40060.0000. Despite the recent breakout through 40280.0000…
After testing the support line numerous times, DAX 40 is once again approaching this line. Can we expect a bearish trend to follow?
DAX 40 is moving towards a support line. Because we have seen it retrace from this line before,…