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Tariff "Liberation Day" | 8565 8519 support | 8618 8685 resistance

#1 · 2nd April 2025, 9:35 am

Technical analysis for FTSE 100 for 2nd April 2025

Nice climb off the 8590 yesterday shows that there is still some bulls around despite the looming tariff war, which ramps up today. Will it be as bad as feared as Trump announces it later at 2000 GMT..... As such there may well be significant volatility this evening, which in turn may well see a more subdued day today.

For the FTSE100 the bulls will be looking to break above the 8620 area to start with as we have the daily pivot and the 30m red coral here, and if they manage to do so then we should be able to rise towards the 8685 level which was Friday's high and is the key fib for today.

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