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FTSE 100 eyes 7250
The bulls need to step up here, or we could see the start of a bigger move to the downside. 7130 is the critical level that buyers need to defend as a move below here opens the way to 7095 and 7060, and then down to 6914.
Risk appetite appears to be fading, so the downside scenario looks to be the most likely. A close above 7130 would open the way to 7170, 7211 and then 7250.
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