FTSE 100- An upward move could continue
The FTSE 100 is trading above its upward trend line on a 30 minute time. The volatility for the pair is high as the price is trading far from the 20-day MA and it has pierced the Bollinger band. The piercing of the Bollinger band does have a significant importance at an important level of support/resistance and it could reverse the trend or push the price back towards its mean.
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