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FTSE breaks higher
Yesterday saw 6228 support hold, with the price bouncing higher out of the recent consolidation. The FTSE looks set to spend the day in the green, with trendline support now providing yet another move higher through 6330. The bullish trend of the week therefore seems likely to persist, with resistance levels at 6356 and 6376. Support levels of 6330, 6300 and the ascending trendline remain key for any pullback.