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Fresh Fall Has Support From.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Fresh Fall Has Support From Between Stg0.8692-Stg0.8687
*RES 4: Stg0.8850/54 Dec 7, Dec 6 highs
*RES 3: Stg0.8810/15 Congestion pivot Nov 30-Dec 7 
*RES 2: Stg0.8780 Dec 5 low, now resistance
*RES 1: Stg0.8750/56 Hourly resistance, Dec 4 low
*PRICE: Stg0.8712 @1025GMT
*SUP 1: Stg0.8689/92 I'day low, 61.8% of Stg0.8313-Stg0.9306
*SUP 2: Stg0.8687 1.618 swing of Stg0.8756-Stg0.8868
*SUP 3: Stg0.8642 Jun 8 low, equality fall from Stg0.8868
*SUP 4: Stg0.8634 2% volatility band
*COMMENTARY* The recovery from Monday's Stg0.8756 low was unable to deal with
Stg0.8868-Stg0.8880 resistance. This leaving the downside vulnerable to a
further assault. Initial warning was the move back below Stg0.8780 on Thursday,
which has been followed by Stg0.8756 today. Next set of supports now come from
between Stg0.8692-Stg0.8687, these protecting against a Stg0.8642 fall.
Resistance Stg0.8750-Stg0.8756, above would allow some near term respite.

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