Monday 27 July 2020

FTSE100: Stuck in a trading range: 6044/6296.Need a rebound from support!

FTSE100: Stuck in a trading range: 6044/6296. Need a rebound from support!

Key support level to watch for a potential rebound is the bottom end of the front cloud chart support zone @ 6044/6087!

Key resistance zone that the FTSE100 needs to break past is 6296!
Strategy: Buyer of cloud support and taking profit at resistance zones. Critical week ahead!






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