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FTSE 100 falls back towards key support level
The FTSE 100 is falling back once more, with the index continuing its descent instigated since Friday. The short-term picture points towards further downside, with a break above 7376 required to negate the short-term downtrend.
From the wider perspective, we need to see a break below 7294 or above 7446 to provide a bullish or bearish outlook.