The FTSE 100 fell slightly during the day on Friday, but continues to find support just above the 7300 level. A break above the top of the range for the
The FTSE 100 fell slightly during the day on Friday, but continues to find support just above the 7300 level. A break above the top of the range for the session on Friday could send this market looking for the 7400 level, and I still believe that we will go even higher than that given enough time. However, you must believe that there is a significant amount of volatility ahead, so you will have to be able to deal with all of that. The 7300 level should continue to be a floor in this market.
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.