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Breaks Key Support at 0.8900....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Breaks Key Support at 0.8900
Bearish signals are now being triggered following yesterday's failed break
higher and bearish reversal. Indeed, the break below 0.8900 has undone the
bullish signals seen over recent days, risking a decline back to the lower end
of the ascending channel, where the trend line support currently intervenes at
0.8880. Below here the next major support area is placed at 0.8823/19,
representing the 50-dma and 100-dma respectively.

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