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FTSE 100 Technical Chart and Analysis 19th April 2017
FTSE 100 breaks its crucial support level at 7204.3 and formed a lower low and lower high indicating further downside. The next target will be at 7010.1 (200-DMA). However, a correction will be limited at 7308.9 (14-DMA). The Stochastic Oscillator has continued to decline, supporting a bearish view.