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Risk off sentiment continues – FTSE 100 Market Outlook – 19/11/2020

The FTSE 100 printed higher in early session yesterday, confirming our 6400 resistance level as it ended yesterday’s session in the red, as virus resurgence and tighter restrictions outweighed positive vaccine developments. Just released positive news out AstraZeneca, though widely expected, along with a new UK-Canada deal could provide some support to higher prints while technicals favor further pullback as long as 6350 resistance level is respected.

Support: 6270/ 6160
Resistance: 6350/ 6400

SquaredFinancial Daily Market Outlook

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SquaredFinancial Review

Thursday, 19 Nov, 2020 / 9:36

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Source : https://www.squaredfinancial.com/learn/daily-market-outlook/risk-off-sentiment-continues-ftse-100-market-outlook-19-11-2020

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