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Daily Forex Trading Tips Of Ftse Technical Update
By: nils marx
From July 25 to August 14, the FTSE 100 rallied from 5478.00 to 5876.10. This range created a major retracement zone at 5677.10 to 5630.11. It also formed a triangle chart pattern that suggested a short-term break was in order. The move was not expected to be a trend changing event, but a normal correction in a bull market.(read
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