The movement of FTSE 100 towards 8588.2900 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
FTSE 100 is approaching 8588.2900. We expect either a breakout through this line, or a rebound.
