Aurum Markets Blog Technical Analysis FTSE 100 approaching important level of 9075.2998

FTSE 100 approaching important level of 9075.2998

FTSE 100 approaching important level of 9075.2998 post thumbnail image

FTSE 100 is heading towards 9075.2998 and could reach this point within the next 18 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

Supported by Downward sloping Moving Average

Target: 9075.2998 Entry: 9132.43 Stop: 9161.3085

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