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FTSE 100 – Trapped in range

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE 100 Technical Analysis - Daily Chart Momentum: MACD: Sell RSI: Neutral Stochastic: No clear signal WATCH: Forex Forecast: Further upside possible on EUR/GBP, Pressure to the downside on USD/JPY Daily Price Action Trend: Neutral Last relevant high: 6,237.0 Last relevant low: 5,845.5 Comment: The FTSE rallied slightly yesterday as UK construction figures offset falling oil prices and poor US data. Technically we have little change after today’s slight move. As we have been highlighting

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