UK100 Approaching Support, Potential Bounce!
UK100 is approaching its support at 6860 (23.6% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 7193 (100% Fibonacci extension , 38.2% Fibonacci retracement, horizontal swing high resistance). Stochastic (55,5,3) is approaching its support at 8.7% where a corresponding bounce could occur.
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