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50-dma key at the close: *RES...>

EURO-STERLING TECHS
EURO-STERLING TECHS: 50-dma key at the close:
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9051 High Jul 17
*RES 1: 0.9005 High Jul 23
*PRICE: 0.8916 @ 16:07 GMT Jul 24
*SUP 1: 0.8909 50-dma
*SUP 2: 0.8873 Low Jun 20
*SUP 3: 0.8830 Low Jun 6
Having already taken out key support at 0.8953, the cross fell further still
Wednesday, leaving the 50-dma as key support - a level that remains critical at
the close. The ECB may see prices challenge this level further Thursday, which
would open early June lows at 0.8830 below there. Consolidation above 0.9000 is
required to encourage bulls to resume their focus on last Wednesday's high of
0.9051 and the Jan 11 high and down trendline drawn off the Oct 7, 2016 high at
0.9062/70.

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