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100-DMA Key at The Close........>

EURO-STERLING TECHS
EURO-STERLING TECHS: 100-DMA Key at The Close
EURGBP breached the 100-dma at 0.8696, a level not closed above since mid-Jan.
Consolidation above would cement the longer-term uptrend and put the focus back
on the Mar 21 high at 0.8723. Further resistance is located from the Feb 1 high
& 200-dma at 0.8793/97. Bears need to clear the 50 & 55-dma's, before
challenging the 0.85 level & ytd lows at 0.8472.

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