I'm sure you can work out what we think price will do from or chart because we keep them so simple!
Yes we are expecting price to follow our trend line up to our zone ( blue box ) This is a long term outlook so don't get mardy if it doesn't hit our target in 1 hour.
Do it or regret it ;p
As we can see this pairing broke a strong support level of 0.87864 on the weekly chart and then sank.
We can see some possible support coming up at 0.86324, so a chance for a possible long, we will be keeping an eye on it and trade will be sent out to our clients when trade becomes valid.
Marked on the chart you can see key support and resistance levels ( green lines ) and where price has touched these key levels ( purple arrows )
Yesterdays candle hit resistance level 0.99892 and retraced, todays candle has also nearly touched this level so we will be looking for price to close below 0.99892 today at market close to see if price is yet again...
Entering short is possible from 6850 resistance area or after hourly close below red trendline at S2 level 6800. The following support zones for the index are 6770 and 6740 (as described in 4H chart).
Once FTSE 100 falls below 6740, we'll have extra short potential down to 6660.