FlowState

UK100 Testing Support, Potential Bounce

OANDA:UK100GBP   UK 100
UK100 is testing its support at 6679 (50% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 7152 (38.2% Fibonacci retracement , horizontal swing high resistance). Stochastic (55,5,3) is approaching its support at 7.5% where a potential bounce could occur.

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