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FTSE 100 looks to challenge last week’s highs
Gains last Friday stalled just below 7083, so this is the first area to watch if the index is to move on to challenge last week’s highs at 7130.
Last week, 7000 prevented the sellers from pushing the index lower, so this is the first area to watch for any support. A bigger drop could test support at 6940, while below here the rising trendline off the September low would come into play around 6900.