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FTSE small double top adds to the negative outlook

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 07 October 2015 Ftse December contract FTSE small double top adds to the negative outlook & a break below 6270 risks a slide to first support at 6245/43. This is only minor & further losses target better support at 6205/00. Although we should pause here, buying in to longs looks risky & a break lower targets 6169/65 then the best support for this week at 6135/30. Holding above 6270 allows a recovery to 6310/15. A break higher keeps bulls in short term control to

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