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Back on The Defensive Down......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Back on The Defensive
Down trendline resistance off the Jan 11 high capped topside gains, with the
corrective pullback extending through 0.8600. This brings the Feb 27 ytd low
back into view at 0.8529, ahead of a run at the psychological 0.8500 level.
Bulls need a close above 0.8675 to re-ignite the uptrend, opening the 38.2%
retracement & 50-dma at 0.8729/65.

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