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FTSE 100 regaining despite resistance
The FTSE 100’s recovery continues, although the 7256 level continues to act as resistance.
Above here, the 7300-7400 zone of resistance comes into play. Given the relentless nature of the move higher over the past two weeks, some softening is to be expected, although a continued hold above 7100 should mean that the outlook still tends towards the bullish end of the spectrum.