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Bulls on the back foot with 8786 8804 resistance | 8735 8707 support | NATO summit

#1 · 25th June 2025, 10:45 am

Technical analysis for FTSE 100 for 25th June 2025

A little bit jittery again yesterday as the bulls failed to hold onto the 8800 with the drop from 8820 getting down to the 8760 support area on the 2h chart. It's not been much of a convincing bounce off that area so far though.... We have initial resistance to start with at the daily pivot 8778, and the 30m 200ema just above this at 8787. As such we may well see an initial drop down to test the lower support area at the 8733 S1 level, and also just above the bottom of the 20d Raff channel at 8721.

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