UK100 has broken through a resistance line of a Triangle and suggests a possible movement to 7199.7592 within the next 16 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.
Big movement expected on UK100 after a breach of the resistance
