FTSE100 breaks major resistance 6000, jump till 6170 is possible
Short term trend is bullish as long as support 5900 holds. On the higher side it is facing resistance around 6020 and any break above will take the pair till 6050 (200 day MA)/6110/6170.
The major support is around 5900 (55 day 4H EMA) and break below targets 5860/5770.
It is good to buy at dips around 5990-6000 with SL around 5900 for the TP of 6110/6170
The major support is around 5900 (55 day 4H EMA) and break below targets 5860/5770.
It is good to buy at dips around 5990-6000 with SL around 5900 for the TP of 6110/6170