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Bulls looking for a close.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls looking for a close above 0.90:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9070 Trendline drawn off the Oct 7 2016 high
*RES 2: 0.9062 High Jan 11
*RES 1: 0.9010 High Jul 10
*PRICE: 0.8997 @ 04:44 GMT Jul 11
*SUP 1: 0.8954 Low Jul 8 and key near-term support
*SUP 2: 0.8942/21 21-dma / Low Jul 2
*SUP 3: 0.8873 Low Jun 20
*SUP 4: 0.8851 Low Jun 7
EURGBP rallied to multi-month highs of 0.9010 yesterday, further cementing the
outright bullish tone. A close above the key 0.9000 level is required to further
reinforce a resumption of the uptrend, opening the Jan 11 high and down
trendline drawn off the Oct 7 2016 high at 0.9062/70. Initial key support lies
at 0.8954, the low of Jul 8 ahead of the low of Jul 2 at 0.8921. The former
level needs to hold to avoid a corrective pullback.

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