- Major support -6200 (9 day EMA)
- Major resistance – 6225 (200 day MA)
- The index has broken major resistance 6225 and closed well above that level yesterday .It has jumped till 6307 at the time of writing. It is currently trading around 6304.
- Short term trend is slightly bullish as long as support 6200 holds. On the higher side minor resistance is around 6300 and any break above will take the index till 6340/6400/6447 (Dec 12th 2016)
- FTSE minor support is around 6275 and break below will drag the index to next level around 6225/6200.Overall trend reversal can happen if it closes below 6000.
It is good to buy at dips around 6240 with SL around 6200 for the TP of 6340/6445.


FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: USD/CAD hits two-month low as oil prices rise
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro:' USD/CAD faces downside risk below 1.4000
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: EUR/AUD bears maintain upper hand
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major) 



