UK 100 Index
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FTSE100 - 240 - Watch the levels

70
Trade idea.

After an unsuccessful move lower, the index is now trying to make its way higher again. But before we could examine higher areas, we need a clear break of the 7380 barrier first. This way FTSE100 would confirm a forthcoming higher high, which might attract more buyers.

Please see the chart for levels, targets and the alternative scenario.

Don't forget your stop-loss.
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