UK100 has broken through a resistance line of a Falling Wedge and suggests a possible movement to 7047.4970 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
Big movement expected on UK100 after a breach of the resistance
