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Equality Rise Target Caps,......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Equality Rise Target Caps, Stg0.9188-90 Now Key Support
*RES 4: Stg0.9382/86 2% volatility band
*RES 3: Stg0.9310 Equality rise from 0.8743 to 0.8313-0.8880
*RES 2: Stg0.9285 Hourly base Aug 29, now resistance
*RES 1: Stg0.9250/55 Hourly resistance
*PRICE: Stg0.9218 @1545GMT
*SUP 1: Stg0.9215 Hourly congestion Aug 24-25
*SUP 2: Stg0.9188/90 7 week rising support line, Aug 24 low
*SUP 3: Stg0.9142 Aug 16 high, now support
*SUP 4: Stg0.9107 1% volatility band
*COMMENTARY* Having broken slightly above both the upper 1% volatility band and
the 4 month bull channel top, at Stg0.9294 and Stg0.9297 respectively, the rally
was halted just below the equality rise target at Stg0.9310. The subsequent
pullback helps to remove some near term overbought conditions, with initial
support now from above Stg0.9215. Main support however comes from
Stg0.9188-Stg0.9190. 

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