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FTSE100 – Sharp losses below 6800

OANDA:UK100GBP   UK 100
Despite the rebound from 50-DMA on Wednesday, the subsequent retreat from the high of 6941.8 on Thursday and a daily close at 6865.1 levels ( inverted hammer formation on the daily chart ) suggests prices are likely to test 6800 (zero figure + rising trend line support + 50-DMA).

A day end close below 6800 would open doors for 6600 levels and would be a signal of trend reversal.
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