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Bears Remain In Charge..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Remain In Charge
Yesterday's break and close back below 0.88 returns the focus to the downside
and the broader bearish trend. A break of the Oct 10 low at 0.8723 would
potentially accelerate the decline towards the April lows. Topside gains
continue to be capped by the 200-dma at 0.8836, a level which also coincides
with neckline support and is seen a key area of resistance.

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