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Bulls Target 2018 High While....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Target 2018 High While 100-WMA Supports
*RES 4: Gbp0.8839 100-DMA 
*RES 3: Gbp0.8825 55-DMA 
*RES 2: Gbp0.8807 Low Mar 16 
*RES 1: Gbp0.8777 Hourly resistance Mar 27
*PRICE: Gbp0.8752 @ 0430GMT
*SUP 1: Gbp0.8731 Low Mar 28 
*SUP 2: Gbp0.8707 Hourly resistance Mar 22 now support 
*SUP 3: Gbp0.8667 2018 Low Mar 22 
*SUP 4: Gbp0.8654 100-WMA
*COMMENTARY: The significance of the 100-WMA was confirmed Thursday with an
aggressive bounce from fresh 2018 & 10mth lows. Daily studies correcting from
O/S provided the impetus for a bounce back to Gbp0.8807-39 where 21, 55 &
100-DMAs are situated. The 100-WMA remains key support. Bears look for a close
below the 100-WMA to target Gbp0.8495-0.8535. A close below the 100-WMA was last
seen in Jan 2016. While the 100-WMA supports bulls target 2018 highs.

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