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Weak dollar and low oil price pushes FTSE down: O'Hare

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Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading the FTSE. 
He plans to sell at current levels at 7,423 and on rallies to 7,450. He has a stop at 7,500 and his targets are 7,380 and 7,300.

O'Hare’s technical analysis of a selected trade is featured every week on Trading Floor.