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FTSE 100 rebounding after yesterday’s pullback
The FTSE 100 is trading back at trendline resistance this morning, following a rally off the back of a retracement into the 61.8% support level.
There is a strong chance that we will be looking at a potential bullish breakout for this index unless we see a move back below 6922. The key to gaining confidence that this market is set for a bullish surge would be a rally through the 7078 swing high.
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