This ceiling needs to become a floor next to encourage buyers who missed out earlier.
Getting a push from break out traders through 87300
Caught this Long on the rebound,looking for a break above 8730 next.
UK data at top of the hour.
Shorts taken out from 87200 with this bullish spike.
Lets see if this finds support on the re test of 87100
I will be waiting to see 87 level for support,if it is taken out the sloping line would be next area for consideration.
Now we are down testing earlier levels,low volume this time of evening watch for spikes around 10 GMT.
Seeing some posts by banks calling for lower levels ,note the sloping line .
This spike we had earlier didn't go high enough to take out shorts at the top,sometimes a sign it will go back up,nothing is written in stone.