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0.8976 key for bulls : *RES.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.8976 key for bulls :
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8976 High Jun 26 and bull trigger
*PRICE: 0.8959 @ 08:29 GMT June 27
*SUP 1: 0.8928/16 200-hma/Low Jun 25
*SUP 2: 0.8873 Low Jun 20
*SUP 3: 0.8851 Low Jun 7
EURGBP maintains an outright bullish tone having recently held above it's 20-day
EMA. The cross also printed a fresh trend high yesterday at 0.8976, but has
since started to show signs of bullish exhaustion which could bring the 200-hma
& Jun 25 low back into view at 0.8928/16. To offset this, bulls need a return
above and preferably a close above 0.8976 to resume the uptrend and once again
target the key psychological 0.9000 level. Trend support has been defined at
0.8873, a break of this level would instead signal a bearish reversal.

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