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LATAM

Summary: USDBRL Extends Losses To Near 2%

AUDUSD TECHS

Needle Still Points North

US TSYS

Focus on Midweek BoC, ECB Policy Announcements

FOREX

EUR Crosses Come Under Pressure As ECB Beckons

Downside Focus *RES 4: 0.8751...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Downside Focus
*RES 4: 0.8751 High Oct 15
*RES 3: 0.8717 High Oct 16 and key near-term resistance
*RES 2: 0.8676 High Oct 24
*RES 1: 0.8630 High Nov 8
*PRICE: 0.8562 @ 10:24 GMT Nov 15
*SUP 1: 0.8538 Low May 7
*SUP 2: 0.8491 Low May 6 and major support
*SUP 3: 0.8482 1.000 projection of Aug 12 - Sep 20 decline from Oct 10 high
*SUP 4: 0.8473 - Low Mar 13 primary support
EURGBP remains bearish and has this week continued to extend the downtrend
albeit gradually. This follows Monday's range breakout and a resumption of the
downtrend. Attention has shifted to the next key support at 0.8491, May 6 low. A
break of this hurdle would open 0.8473, Mar 13 low. Note, a print of 0.8473
would represent a 100% retracement of the entire rally between Mar 13 - Aug 12.
First resistance is 0.8630, Nov 8 high.