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EURCZK Trading At The Low of Its 2W Range

Downtrend Pauses Recovery.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Downtrend Pauses
Recovery efforts picked late on Friday and will need to recover the 50% Fibo of
the recent downtrend & 200-dma at 0.8815/36, before turning attention toward the
100-dma at 0.8883. To resume the downtrend, bears target a break of Thursday's
low at 0.8690. A break here brings the ytd low of 0.8621 into view, opening
reported option-related support at 0.86.