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FTSE 100 Forecast March 27, 2017, Technical Analysis

By:
Christopher Lewis
Updated: Mar 25, 2017, 05:35 UTC

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

FTSE 100 daily chart, March 27, 2017

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.

FTSE 100 Video 27.3.17

About the Author

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.

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