UK100 has broken through a line of 6525.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 6401.4502 can be expected within the next 3 days.
Related Posts
Breach of resistance could mean a start of a bullish trend on CAC 40
Triangle pattern identified on CAC 40 has broken through a resistance level with the price momentum continuing to…
Important price line being approached by FTSE 100. This price has been tested numerous times before.
FTSE 100 is moving towards a key support level at 9090.7998. FTSE 100 has previously tested this level…
CAC 40 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 6 days.
Emerging Channel Up pattern in its final wave was identified on the CAC 40 15 Minutes chart. After…