FTSE 100 recently reached the buy target 6800.00 that was set in our recent report for this index. The price has been rising steadily in the last few trading sessions – after the previous breakout of the daily Triangle from the start of February (the lower support trendline of this Triangle stands parallel to the lower support trendline of the longer-term up channel from June of last year, as you can see below).
FTSE 100 is expected to rise further to the next buy target 6850.00 (upper boundary of the resistance zone which has been reversing this index from last October).
The post HY MARKETS News: Index Report: FTSE 100 appeared first on | HY Markets Official blog.
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