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Fresh Gains Target The..........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Fresh Gains Target The Stg0.9046-Stg0.9058 Area Next
*RES 4: Stg0.9143 76.4% of Stg0.9402-Stg0.8305, Oct 10 high
*RES 3: Stg0.9135 2% volatility band
*RES 2: Stg0.9052/58 Nov 2 high, swing Stg0.8994-Stg0.8891
*RES 1: Stg0.9046/49 1% volatility band, intraday high
*PRICE: Stg0.9039 @1536GMT
*SUP 1: Stg0.8989 Aug 2 high, now support
*SUP 2: Stg0.8964 Hourly support
*SUP 3: Stg0.8946 Intraday hourly base
*SUP 4: Stg0.8922/23 Aug 1, intraday lows
*COMMENTARY* We have today seen a fall back towards the base of the recent range
at Stg0.8922 but the subsequent rally has been impressive, gliding through
Stg0.8970 and also the former Stg0.8989 high. Now headed towards next resistance
situated between the upper 1% volatility band at Stg0.9044 and the swing target
at Stg0.9058. Meanwhile, support rises to Stg0.8989 and then the
Stg0.8964-Stg0.8946 area. 

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