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Bullish Signals Crushed: *RES...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bullish Signals Crushed:
*RES 4: 0.9056 50% retracement of Aug 12 - Sep 20 decline
*RES 3: 0.9017 50-dma
*RES 2: 0.9015 High Sep 9
*RES 1: 0.9009 High Oct 10
*PRICE: 0.8898 @ 16:19 GMT Oct 10
*SUP 1: 0.8889 Low Oct 10
*SUP 2: 0.8852 Former channel resistance-now-support
*SUP 3: 0.8832 Low Sep 30 and 200-dma
*SUP 4: 0.8803 Low Sep 25
Despite generating strong bullish signals Wednesday, Brexit headlines superseded
the technical outlook to turn markets lower ahead of the close, snapping the
Sept-Oct uptrend in the process. The move took out support ahead of the 0.89
handle, reflecting the continued headline sensitivity of the cross. Support is
now eyed at the 0.8852 mark but is seen stronger at the 0.8831 200-dma.

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