The breakout of FTSE 100 through the 8362.4004 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, FTSE 100 could test 8383.0898 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Supported by Upward sloping Moving Average
Target: 8383.0898 Entry: 8367.4 Stop: 8350.187
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