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Big movement expected on UK100 after a breach of the support

UK100 has broken through a support line of a Channel Up and suggests a possible movement to 6843.2652 within the next 9 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 3 days.

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Support line breached by Silver MAY 2021. This price has been tested at least twice before.

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Important price line being approached by Coca-Cola Co.. This price has been tested numerous times before.

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