Thursday, October 15, 2026

Technicals

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FxWirePro: FTSE100 faces strong support at 6140, good to buy at dips

Major Resistance – 6240 Major support – 6100 FTSE100 has recovered after making a low of 6150. It is currently trading around 6190. Short term trend is slightly bullish as long as support 6140 holds. On the lower side an…

By FxWire Pro
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  • Major Resistance – 6240
     
  • Major support – 6100
     
  • FTSE100 has recovered after making a low of 6150. It is currently trading around 6190.
     
  • Short term trend is slightly bullish as long as support 6140 holds.
     
  • On the lower side any break below 6140 will drag the index down till 6100/6040 in short term.
     
  • Short term trend reversal only below 6000.
     
  • Any break above major resistance will take the index to next level 6275/6325.

It is good to buy at dips around 6180 with SL around 6140 for the TP of 6275/6320/6350.

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