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

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Need Close Below Gbp0.9149
*RES 4: Gbp0.9270 Alternating hourly support/resistance
*RES 3: Gbp0.9248 Low Aug 29 now resistance
*RES 2: Gbp0.9238 High Aug 31
*RES 1: Gbp0.9226 High Sept 4
*PRICE: Gbp0.9208 @ 0430GMT
*SUP 1: Gbp0.9174 Hourly support Sept 4 
*SUP 2: Gbp0.9158 21-DMA 
*SUP 3: Gbp0.9149 High Aug 18 now support 
*SUP 4: Gbp0.9091 Low Aug 18
*COMMENTARY: Despite pressure returning to the 21-DMA and Gbp0.9149 support
bears have so far failed to manage a close below Gbp0.9149 needed to confirm an
easing of bullish pressure and to shift focus back to layers of support
Gbp0.8981-0.9049. Daily studies have corrected back to a more neutral level.
Bulls still need a close above Gbp0.9248 to regain the upper hand and reconfirm
focus on 2016 highs.

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