The breakout of UK100 through the 7597.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, UK100 could test 7564.8501 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Breach of 39142.0000 could mean a start of a bullish trend on Nikkei 225
Nikkei 225 has breached the resistance line at 39142.0000. It may continue the bullish trend towards 39469.1016, or,…
Nikkei 225 is approaching 39791.0000. We expect either a breakout through this line, or a rebound.
Nikkei 225 is moving towards a key resistance level at 39791.0000. This is a previously tested level for…
Important price line breached by CAC 40. This price has been tested numerous times before.
CAC 40 has broken through a line of 7219.0000. If this breakout holds true, we could see the…