- FTSE 100 broke resistance level 9030.00
- Likely to rise to resistance level 9200.00
FTSE 100 Index recently broke above the resistance level 9030.00, which stopped the previous minor impulse wave 1 at the start of July.
The breakout of the resistance level 9030.00 continues the active minor impulse wave 3 – which belongs to the intermediate impulse wave (3) from the end of July.
Given the clear daily uptrend, FTSE 100 Index can be expected to rise to the next resistance level 9200.00 (target price for the completion of the active impulse wave 3).
- Likely to rise to resistance level 9200.00
FTSE 100 Index recently broke above the resistance level 9030.00, which stopped the previous minor impulse wave 1 at the start of July.
The breakout of the resistance level 9030.00 continues the active minor impulse wave 3 – which belongs to the intermediate impulse wave (3) from the end of July.
Given the clear daily uptrend, FTSE 100 Index can be expected to rise to the next resistance level 9200.00 (target price for the completion of the active impulse wave 3).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.