FTSE: Further Gains Target Minor Resistance At 7430

FTSE: Further Gains Target Minor Resistance At 7430

FTSE Weekly Chart

FTSE Weekly Chart

higher to the next target of 7412/18. Further gains target minor resistance at 7430 but stronger resistance at 7445/50 is the main challenge for bulls today. Bulls must beat the 2 week high at 7470/73 to retain control this week.

First support at 7385/80 but below 7370 risks a slide to 7345/40.

(Why?)

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