UK100 is moving towards a line of 6310.5000 which it has tested numerous times in the past. We have seen it retrace from this positions 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 can expect it to reach 6310.5000 within the next 3 days.
Related Posts
After testing resistance twice in the past, NAS 100 has finally broken through. Can we expect a bullish trend to follow?
This trade setup on NAS 100 is formed by a period of consolidation; a period in which the…
DAX 40 is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 20 days.
DAX 40 is moving towards a support line which it has tested numerous times in the past. We…
ASX 200 is quickly approaching a very important level it has previously tested numerous times in the past
The price of ASX 200 in heading back to the resistance area. It is possible that it will…