Aurum Markets Blog Technical Analysis Should we expect a breakout or a rebound on FTSE 100?

Should we expect a breakout or a rebound on FTSE 100?

Should we expect a breakout or a rebound on FTSE 100? post thumbnail image

FTSE 100 is approaching a support line at 8726.7002. If it hits the support line, it may break through this level to continue the bearish trend, or it may turn around back to current levels.

Supported by Downward sloping Moving Average

Target: 8726.7002 Entry: 8742.2 Stop: 8752.2645

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