FTSE 100 is moving towards a line of 8243.7998 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 8243.7998 within the next 3 days.
Supported by Upward sloping Moving Average
Target: 8243.7998 Entry: 8190.3 Stop: 8164.105
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