The FTSE went back and forth during the course of the session on Monday, struggling at 6700. Ultimately though, we believe that this market will continue
The FTSE went back and forth during the course of the session on Monday, struggling at 6700. Ultimately though, we believe that this market will continue to go higher, so we can break the top of the range we are buyers. On the other hand, if we pull back a little bit we would wait to see if we can get some type of supportive candle in order to start buying yet again. We believe that the FTSE has been unfairly sold off recently, and as a result we are looking for value to start buying.
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.
