UK100 has broken through a line of 7467.5000. If this breakout holds true, we expect the price of UK100 to test 7399.9502 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Related Posts
Will FTSE 100 break through the support level it tested before?
The price of FTSE 100 in heading back to the support area. It is possible that it will…
DOW 30 – approaching a resistance line that has been previously tested at least twice in the past
DOW 30 is heading towards the resistance line of a Rising Wedge and could reach this point within…
If you’re short Nikkei 225 you should be aware that 39834.0000 has just been breached – a level tested 4 time in the past
Nikkei 225 has broken through a line of 39834.0000 and suggests a possible movement to 40289.0000 within the…