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0.90 Level Key The 0.90 level...>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.90 Level Key
The 0.90 level remains a tug-of-war for bulls/bears with the cross stuck in a
narrow range. A close below would see bears take control targeting the 50%
retracement at 0.8949, ahead of the 100-dma at 0.8901. A break here would
confirm a reversal pattern, opening the 200-dma & Nov 28 low at 0.8854/10. Bulls
continue to focus on the heavily congested 0.9090/00 zone to extend the uptrend.

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