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FTSE 100 pushing higher yet again
The FTSE 100 managed to rebound from the 200-day simple moving average (SMA) yesterday, with the index pushing back into the highs.
This points towards further upside to come, with the 76.4% retracement representing the next level of resistance. There is a strong chance we will see another push higher from here, with a break below 7635 required to negate this bullish view.