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FTSE 100 breaks through 7300 support zone
The FTSE 100 has bounced off the 7300 support zone, but now it needs to push on above 7440. A turn lower below 7400 provides another potential shorting opportunity, with an initial move down to 7300 and then potentially lower.
A close below 7294 would create a new lower low, while a failure to push on above 7400 creates a fresh lower high, a bearish development.