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EURO-STERLING TECHS: 55-DMA Gives Way
The 55-dma at 0.8624 gave way Friday and a close below returns focus to the
downside and opens the 0.8600 handle. Below here would extend the downtrend
toward the Apr 5 low & 61.8% retracement level at 0.8557/54. Bulls need to clear
0.8700 to strengthen the uptrend and bring the March 23 high back into view at
0.8723. The 100-dma & 50% retracement of 2019 range are placed behind at