UK100 Bounced Off Support, Potential For Further Rise!

UK100 has bounced off its support at 6675 (50% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 7152 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (55,5,3) has bounced off its support at 8.7% where further rise could occur.