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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: Stg0.9270/80 Aug 30 high, hourly base Aug 29
*RES 1: Stg0.9245/50 Hourly resistance
*PRICE: Stg0.9228 @0916GMT
*SUP 1: Stg0.9190/02 Aug 24 low, 7 week rising support line 
*SUP 2: Stg0.9142 Aug 16 high, now support
*SUP 3: Stg0.9117 1% volatility band
*SUP 4: Stg0.9091 38.2% Fibo of Stg0.8743-Stg0.9306
*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, aided by a 'Doji' candle close on Tuesday, has tested the 7 week
support line and key near term support between Stg0.9202-Stg0.9190. Sustained
loss of the latter would concern.

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