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> FTSE found support ahead of the FED meeting – FTSE 100 Market Outlook – 29/07/2020
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FTSE found support ahead of the FED meeting – FTSE 100 Market Outlook – 29/07/2020

SquaredFinancial

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The FTSE 100 hit our support target at 6100 in yesterday’s session yet again, while failing to breach lower as a pickup in defensive and travel stocks provided some footing to the index with trading remaining to be choppy as earnings season gather pace. 6160 resistance level to direct today’s session with an hourly close above it to favor higher prints.

Support: 6100 /6050
Resistance: 6160 /6220

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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/ftse-found-support-ahead-of-the-fed-meeting-ftse-100-market-outlook-29-07-2020
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