Aurum Markets Blog Technical Analysis FTSE 100 is on the approach

FTSE 100 is on the approach

FTSE 100 is on the approach post thumbnail image

FTSE 100 is moving towards a line of 8742.5000 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 FTSE 100 continues in its current trajectory, we may see it move towards 8742.5000 within the next 3 days.

Supported by Upward sloping Moving Average

Target: 8742.5 Entry: 8649.01 Stop: 8601.3881

Leave a Reply

Your email address will not be published.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

Related Post