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Bulls Unable To Recover 0.86 ...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Unable To Recover 0.86 
The 0.86 level held firm yesterday amid recovery efforts, keeping the focus on
the downside with next support at 0.8557/54 from the Apr 5 low & 61.8%
retracement level. Below here opens the Apr 4 low at 0.8519, ahead of a run at
the psychological 0.85 handle. To the upside, bulls need to recover the 55-dma
at 0.8608, before returning the focus to the Apr 23 high and 0.8700 level.

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