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Important price line being approached by UK100. This price has been tested numerous times before.

UK100 is moving towards a line of 7509.5000 which it has tested numerous times in the past. We have seen it retrace from this position 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 may see it move towards 7509.5000 within the next 2 days.

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We expect AUDUSD to trend upwards right now.

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

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