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Gbp0.8845-0.8904 Resistance.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Gbp0.8845-0.8904 Resistance Region Key
*RES 4: Gbp0.8904 Low Mar 8 now resistance 
*RES 3: Gbp0.8892 200-DMA 
*RES 2: Gbp0.8874 High Mar 15 
*RES 1: Gbp0.8845 55-DMA
*PRICE: Gbp0.8820 @ 0930GMT
*SUP 1: Gbp0.8769 Low Feb 26 
*SUP 2: Gbp0.8730 Low Feb 8 
*SUP 3: Gbp0.8714 Monthly Low Feb 1 
*SUP 4: Gbp0.8685 2018 Low Jan 25
*COMMENTARY: The pair is gaining traction below the 55-DMA and remains heavy on
the break of the daily bull channel base off 2018 lows. Immediate focus is now
on the Gbp0.8769 level with a close below needed to target retests of 2018 lows.
The Bollinger base is the key concern for bears. Bulls now need a close above
the 55-DMA to gain breathing room and above Gbp0.8904 to confirm a break of the
200-DMA, retuning initial focus to 2018 highs and overall focus to Gbp0.9013-48.

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