Aurum Markets Blog Technical Analysis Breach of important price line imminent by FTSE 100

Breach of important price line imminent by FTSE 100

Breach of important price line imminent by FTSE 100 post thumbnail image

The movement of FTSE 100 towards 8430.2803 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 15 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Downward sloping Moving Average

Target: 8430.2803 Entry: 8524 Stop: 8561.1178

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post