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FTSE 100 potentially pushing to top of range again
Another push for FTSE 100, to the top of the recent range at 7450 looks possible, as indices have gapped higher overnight thanks to a lack of further news from North Korea. However, unless this breaks, we are still looking at a continuation of the 7300-7450 zone. A daily close above 7450 opens the way to 7533, and then 7600.
Any move lower would target 7300, and then we would wait to see whether the sellers can maintain downward momentum.