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Could accelerate lower: *RES....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Could accelerate lower:
*RES 4: 0.9070 Trendline drawn off the Oct 7 2016 high
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9051 High Jul 17
*RES 1: 0.9005 High Jul 23
*PRICE: 0.8948 @ 08:03 GMT Jul 24
*SUP 1: 0.8941 61.8% 0.8873-0.9051
*SUP 2: 0.8930/27 Low Jul 2 / 2% lower Bollinger band
*SUP 3: 0.8873 Low Jun 20
*SUP 4: 0.8830 Low Jun 6
Rate made light work of key support at the 0.8953 level, butting the cross under
renewed downside pressure in early Europe. This opens a move toward the 0.8951
level as first support, and the early June lows at 0.8830 below there.
Consolidation above 0.9000 is required to encourage bulls to resume their focus
on last Wednesday's high of 0.9051 and the Jan 11 high and down trendline drawn
off the Oct 7, 2016 high at 0.9062/70.

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