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0.90 a tough nut to crack For...>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.90 a tough nut to crack
For the second session, the cross showed above 0.90 but failed to gather steam.
Despite this, momentum remains in the bull's favour, with a close above 0.90 the
immediate target before 0.9031. The major ascending channel top then kicks in at
0.9050. Initial support is now placed at 0.8940/49, however a break below the
Aug 14 low at 0.8897 is needed to shift the outlook neutral.

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