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200-DMA Acts As Support.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: 200-DMA Acts As Support
EURUSD remains below the down trendline from the August highs but is struggling
to break below the 200/50dmas at 0.8835/31. A close below here would target the
0.8700 level, ahead of the Nov 13 low at 0.8656. To move the outlook into more
neutral territory, we need to close back above the down trendline and 100-dma.
The 38.2% retracement of 0.8621-0.9099 at 0.8916 will provide resistance above
here.

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