UK100 is moving towards a line of 5943.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If UK100 continues in its current trajectory, we can expect it to reach 5943.0000 within the next 3 days.
Related Posts
After testing the resistance line numerous times, FTSE 100 is once again approaching this line. Can we expect a bullish trend to follow?
FTSE 100 is moving towards a resistance line which it has tested numerous times in the past. We…
US 500 heading towards a price it has tested 5 times in the recent past.
US 500 is about to retest a key horizontal support level near 5084.6201. It has tested this level…
Nikkei 225 is approaching a support line of a Rising Wedge. It has touched this line numerous times in the last 9 days.
An emerging Rising Wedge has been detected on Nikkei 225 on the 1 hour chart. There is a…