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Bulls Need to Recover 0.89......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Need to Recover 0.89
The bigger picture positive trend remains intact, however bulls need to recover
the 0.89 level to allow a run at the Nov 19 high at 0.8932 ahead of the Oct 30
high at 0.8940. A break above the latter would would move the bulls' targets to
the Sep 24 high of 0.8998. On the downside, bears look for a close below the
200-dma at 0.8836 to regain control, before focusing on the Nov 13 low at
0.8656.

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