A sharp pop in commodity prices helped push FTSE mining stocks higher, and the FTSE100 index slightly above key resistance at 7030, although this morning momentum seems to be fading ahead of the unveiling of Joe Biden’s huge infrastructure projects. A slide back below 7030 today would trigger further declines with the 4H 200-SMA as next support level.
Support: 7030 / 6935
Resistance:7065 / 7160
Risk Warning: 79% of retail CFD accounts lose money
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