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FTSE 100 daily analysis and forecast - 20/04/2022

https://ftsetradertraining.co.uk Today’s FTSE candle was undersized, which has not occurred for quite some time. The FTSE is plodding along uphill to reach the 7700 level, but at this current rate, it is likely to take some time. When the FTSE does eventually pullback, we will expect to meet with resistance at our medium EMA level. If the FTSE can get through that, then the next target is 23.6% Fibonacci retracement. Overall we are bullish and look to take 20-25 point intraday trades. Why we only examine the FTSE 100 https://youtu.be/LxgdLSAAamU

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