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FTSE 100 – Likely to see an upside break

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE 100 Technical Analysis: Daily Chart Momentum: MACD: Positive RSI: Neutral Stochastic: Buy signal Daily Price Action Trend: Neutral Last relevant high: 6,216.1 Last relevant low: 5,845.5 Comment: The FTSE closed slightly higher yesterday but it was the America market that was in play due to the FOMC. We remain in the trading range on the FTSE, we would assume this will break higher today but a trader’s job is to follow the market and just enjoy the ride! We don’t trade on assumptions so

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