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Bearish Streak Extended.........>

EURO-STERLING TECHS: Bearish Streak Extended
Wednesday trade saw lower lows printed for the seventh consecutive session,
keeping the focus on the measured move target at 0.8620 from the
head-and-shoulder formations, corresponding to the April year-to-date low. To
change the picture, bulls need to recover the 200-dma to arrest the decline, now
at 0.8838 and return the outlook to neutral.

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