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Bears Need Close Below..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Need Close Below Gbp0.8928
*RES 4: Gbp0.9068 High Oct 13
*RES 3: Gbp0.9025 High Nov 9
*RES 2: Gbp0.8994 2017 High July 21
*RES 1: Gbp0.8975 High July 31
*PRICE: Gbp0.8947 @ 0430GMT
*SUP 1: Gbp0.8928 Alternating hourly support/resistance 
*SUP 2: Gbp0.8890 Low July 27 
*SUP 3: Gbp0.8876 21-DMA 
*SUP 4: Gbp0.8867 Alternating hourly support/resistance
*COMMENTARY: Bulls take comfort in the lack of follow through on the break below
$0.8898 last week but now look for a close above $0.8975 to pressure 2017 highs
and then the Gbp0.9025-68 region above. The Gbp0.8928 support remains key with
bears needing a close below to shift focus back to Gbp0.8876-90 where the 21-DMA
is located. Daily studies looking to correct from O/B remain the key concern for
bulls.

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