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Bulls Not Finished Yet The......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Not Finished Yet
The failure to break convincingly below the 0.89 level suggests bulls still eye
a return to the 0.90 mark, despite the recent rally running low on steam. 0.8880
remains the near-term support area and a break below here would change the
conversation. A close below 0.8855 would cement any bearish outlook before any
challenge on the 200-dma at 0.8823. Bulls need to reclaim the 0.9000 level to
regain control and test the 0.9031/33 area. Above here targets the 2% volatility
band at 0.9114.

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