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Initial rise with 8782 8820 resistance | 8730 8717 8680 8665 support

#1 · 23rd June 2025, 9:30 am

Technical analysis for FTSE 100 for 23rd June 2025

Well, this week might be lively.... Iran have been punched and basically told to stay down by the USA so it will be interesting to see how it pans out and if they do actually close the Strait of Hormuz which is their most likely next play. All things considered it's been a fairly low key start to the trading week and whilst we are more than likely going to be in a risk off mode we may well see a rise and dip play out today. The US markets will be keen to prove that the Commander in Chief hasn't miscalculated and provide some support by rising.

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