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Clears Considerable Support.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Clears Considerable Support
*RES 4: 0.8596 High Jan 14 and bull trigger
*RES 3: 0.8554 High Jan 20
*RES 2: 0.8538 High Feb 4 and intraday bull trigger
*RES 1: 0.8504 High Oct 10
*PRICE: 0.8312 @ 17:07 GMT Feb 13
*SUP 1: 0.8296 Intraday low
*SUP 2: 0.8277 Low Dec 13
*SUP 3: 0.8251 Low Jul 14 2016
*SUP 4: 0.8176 50% 2015 - 2016 rally
The cross blew through various layers of support between the 0.84 mark down to
0.8296 Thursday, shifting the outlook resolutely bearish. This resulted in the
key downside trigger of 0.8356/52 giving way, opening December lows at 0.8277.
To the upside, a key short-term resistance has been defined at 0.8538, Feb 4
high where a break would signal scope for a test of the more formidable hurdle
at 0.8596, Jan 14 high.

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