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8610 holds again | rise and dip today with 8661 8737 resistance | 8603 8580 support

#1 · 25th March 2025, 10:47 am

Technical analysis for FTSE 100 for 25th March 2025

Yesterday's rise faltered just shy of the 8700 level and having dropped back to the double bottom at 8610, the bulls will be keen to defend this. A move lower will likely manage the 8580 support level next, where we have daily support, along with the 8588 key fib. Once again I am thinking that we will get a rise and dip today, as the daily chart has gone bearish again, and the 25ema resistance is at the 8664 level. 8661 is also the 30m 200ema, so there are a few key levels here, which may well therefore see a reaction.

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