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AstraZeneca news spur risk on – FTSE 100 Market Outlook – 23/11/2020

SquaredFinancial

Optimism from EU’s Chief Executive on progress made towards an EU-UK Brexit deal, along with just released efficacy rates out of AstraZeneca is spurring a risk on move as the index prints higher in early trade today, with technicals favoring further upside on an hourly close above 6400 resistance level, with all eye’s on PM Johnson’s appearance today.

Support: 6350 / 6270
Resistance: 6400/ 6500

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/astrazeneca-news-spur-risk-on-ftse-100-market-outlook-23-11-2020
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