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UK100 is quickly approaching 7319.0000. We expect either a breakout through this line, or a rebound.

UK100 is heading towards a line of 7319.0000. If this movement continues, we expect the price of UK100 to test 7319.0000 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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After testing resistance twice in the past, AUD/USD has finally broken through. Can we expect a bullish trend to follow?

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We expect USDCAD to trend downwards today with a 71.43% chance.

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