The FTSE initially fell during the course of the session on Tuesday, but then shot straight up in order to get above the 6350 level. With that, the market
The FTSE initially fell during the course of the session on Tuesday, but then shot straight up in order to get above the 6350 level. With that, the market allows opportunities to continue to buy the FTSE, and a move above the 6400 level would be an opportunity to buy for the longer term. If we can get above there, the market should then go to the 6600 level without too many issues. Pullback from here should be buying opportunities as there is without a doubt a significant amount of support all the way down to the 6000 handle.
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.
