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Failure To Sustain 0.9 Is A.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Failure To Sustain 0.9 Is A Warning Sign
Bulls continue to require a close above 0.9 for the rally to gather steam but
this level continues to prove elusive. Initial support is now placed at
0.8940/49, however a break below the Aug 14 low at 0.8897 is needed to shift the
outlook neutral. For the bulls, a close above 0.90 would open up the Aug 9 high
of 0.9031 and the major ascending channel top then kicks in at 0.9050. 

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