The British index hits the initial target– Analysis – 7-4-2021

The British index trading extended to the upside recently, achieving the initial target at 6850.00, to face 23.60% Fibonacci correction level that appears in the image, forming an extra support at 6620.00 that represents the moving average 55 makes us expect the continuation of forming bullish waves, to target the resistance at 6942.00 then monitor its behavior to detect the main trend in the futuristic trading.

The expected trading range for today is between 6775.00 and 6940.00

The expected trend for today: Bullish