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 7506.40 will support the fall towards the target of 7439.80 the break of 7439.80 would push the price to 7395.40.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 8362.46
  • Support S1: 8360.43, S2: 8357.16 , S3: 8355.13
  • Resistance R1: 8365.73 , R2: 8367.76 , R3: 8371.03