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Bears Target Range Lows.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bears Target Range Lows
EURGBP saw some renewed weakness yesterday which has put the focus back on the
Jan 25 ytd low at 0.8618. A close below here and the 0.86 level would suggest a
major topping pattern has been triggered. Bulls need to recover 0.87 to improve
the outlook and target prior range lows around 0.8750. Above here would bring
the 0.88 level back into view, ahead of the 100 & 200-dma's at 0.8848/63.

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