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UK100 seems to be on its way to support – a possible opportunity?

UK100 is heading towards a line of 7901.0000. If this movement continues, the price of UK100 could test 7901.0000 within the next 11 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.

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Supports and resistances are primary concepts of technical analysis. LTCUSD is heading for an important price of 86.6000 – read about what this could mean for the future.

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Important price line breached by AUD/USD. This price has been tested numerous times before.

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