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Buyers keep the FTSE 100 from more downside
The FTSE 100 found plenty of buyers down towards 7230 yesterday, mirroring the price action from the end of last week.
If this holds as support then near-term upside targets are found around 7340 and then on to 7490. A break below 7230 is needed to suggest the sellers are back in charge, bringing the 7120 area into play again.