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Possible rise to 7700 | 7620 support held | Learn to trade analysis signals alerts
14th August 2018
That was a nice hold of the 7620 level yesterday and nice to get the long going from there. Overnight the bulls have managed a bit more, with a slow steady rise to 7660, as Asian markets steadied on Tuesday. Worries remain over how far Turkeys pain will spread to other markets, though it was surprising to see gold dip below 1200 without too much trouble yesterday.
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FTSE 100 Trading Signals, Forecast and Prediction
The bulls will be keen to defend the 7645 daily pivot, at least initially and we may well see a rise towards the 2 hour coral at 7702. However, the resistance starts kicking in just below that with the fib level at 7692 and then R2 at 7695.
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