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Doji Candle EURGBP is...........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Doji Candle
EURGBP is currently generating a Doji candle pattern, a sign of indecision
around the recent peak. Bears look for a close below the 55-dma at 0.8633 for
confirmation of a reversal, before targeting a break of the 0.8600 handle. Below
here would extend the downtrend toward the Apr 5 low & 61.8% retracement level
at 0.8557/54. Bulls need to recover the April 17 high at 0.8681 to bring the
0.8700 level and the March 23 high back into view at 0.8723. The 100-dma & 50%
retracement of 2019 range are placed behind at 0.8758/91.

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