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Bullish Impulse Found?: *RES....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bullish Impulse Found?:
*RES 4: 0.9056 50% retracement of Aug 12 - Sep 20 decline
*RES 3: 0.9015 High Sep 9
*RES 2: 0.9000 High Oct 8
*RES 1: 0.8977 100-dma
*PRICE: 0.8969 @ 16:11 GMT Oct 8
*SUP 1: 0.8874 Former channel resistance-now-support
*SUP 2: 0.8832 Low Sep 30 and 200-dma
*SUP 3: 0.8803 Low Sep 25
*SUP 4: 0.8787 Low Sep 19 and bear trigger
The cross broke higher Tuesday, topping out just ahead of the 0.90 handle. Bulls
look for the confirmation of a bullish breakout on a close above the 100-dma at
0.8977, which looks likely should current momentum be sustained. This would open
the Sep 9 high at 0.9015. An extension of this move would opening 0.9147, Sep 3
high, ultimately. Key support remains 0.8832, The former channel
resistance-now-support is at 0.8874.

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