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Bulls Look To Test Recent.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Look To Test Recent Highs
Bulls continue to look for follow through above 0.8880, and ultimately need a
break above the recent cycle high at 0.8902. Above here opens a move toward the
Dec 31 low at 0.8927, ahead of the 76.4% fibo of the Jan-Mar fall at 0.8958.
Bears' focus remains on broken pivotal resistance-turned-support at 0.8825.
Below here opens a return to the 0.8800 level, ahead of the 200-dma at 0.8783.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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