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Breach of resistance could mean a start of a bullish trend on UK100

UK100 has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of UK100 to test 7438.0084 within the next 16 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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We expect ZT to trend upwards today with a 75% chance.

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USD/CAD is quickly approaching 1.3292. We expect either a breakout through this line, or a rebound.

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