FTSE 100
Bearish Closed

A Price Action Rising Wedge pattern formation on the 4 Hour time frame chart supports FTSE 100 Bearish bias. A break of 7489.60 will support the fall towards the target of 7391.50 the break of 7391.50 would push the price to 7326.10.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8075.3
  • Support S1: 8073.9, S2: 807 , S3: 8070.6
  • Resistance R1: 8077.2 , R2: 8078.6 , R3: 8080.5