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FTSE 100 stays above previous lows
The FTSE 100 was knocked back sharply yesterday, but it held above the lows from last week.
An oversold reading on the four-hour chart has seen buyers enter, with a return to Monday’s highs at 7258 being the first target, and then on to 7300 and 7343. Below 7100, 7060 and then 6983 come into play.