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FTSE 100 rallies off 7130 floor
It looks like the index has found a floor at 7130, against which it has begun to rally. Bulls will be looking for a move above 7202 and 7223 intraday, while on the daily chart 7243 (the weekly pivot) and then 7309 are initial objectives.
A break above 7359 would put the index back in all-time high territory. Bears will need to post a daily close below 7130 to suggest a new move lower is at hand.
