Aurum Markets Blog Technical Analysis FTSE 100 – getting close to psychological price line

FTSE 100 – getting close to psychological price line

FTSE 100 – getting close to psychological price line post thumbnail image

FTSE 100 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 8529.9600, unless it runs out of momentum and pulls back to current levels.

Supported by Downward sloping Moving Average

Target: 8529.96 Entry: 8550.91 Stop: 8564.6118

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