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Bearish Signals Under 0.8950....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bearish Signals Under 0.8950
Failure to reclaim 0.8950 and the subsequent reversal on positive Brexit remarks
has shifted the short-term outlook negative. Bears need a close below 0.8897 to
gain further downside momentum and target the 100 & 200-dma's at 0.8855/34.
Bulls now need to close above 0.8950 to shift the short-term outlook back to
neutral, while a break above 0.9052 is needed to challenge the key 0.9100 area
which holds the YTD high at 0.9098.

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