The FTSE 100 fell hard on Friday but found enough support at the 7200 level to turn things around and shows real signs of support. I think that this
The FTSE 100 fell hard on Friday but found enough support at the 7200 level to turn things around and shows real signs of support. I think that this market will bounce and continue to go higher, eventually making a fresh, new high. I believe that the resistance will be overcome, and I also believe that the support extends all the way down to at least the 7100 level. Because of this yes, I am bullish of this market. With that being the case, I still have a longer-term target in this market of 7500.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
