FlowState

UK100 Bounced Off Support, Potential For A Further Rise!

Long
OANDA:UK100GBP   UK 100
UK100 is bounced off its support at 6613 (50% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 7118 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (55,5,3) is bounced off its support at 3.6% where a further rise could occur.

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