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FTSE 100 with a chance to rally?
The FTSE has steadily dropped back over the past week, but found support overnight at the 200-hour simple moving average (7321).
It does not yet look as if the rally is back on, but if the price moves above 7330, a bottom may be in place. A drop through 7320 would suggest a further move to 7260 and potentially lower.
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