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- Major resistance - 6030 (trend line joining 6129 and 6054)
- Major support - 5940 (200 day 4 HMA)
- FTSE has retreated 5977 after making a high of 6066. It is currently trading around 6015.
- Short term trend is still bullish as long as support 5940 holds. Overall bullish invalidation below 5880.
- On the higher side any break above 6030 will take the pair to next level till 6066/6125.
It is good to buy around 6000-6010 with SL around 5940 for the TP of 6065/6128
