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Holding Above Support *RES 4:...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Holding Above Support
*RES 4: 1.1422 High Jun 10 and the bull trigger
*RES 3: 1.1353 High Jun 16
*RES 2: 1.1349 High Jun 23 and key resistance
*RES 1: 1.1288 High Jun 29
*PRICE: 1.1222 @ 10:30 BST Jul 1
*SUP 1: 1.1191 Low Jun 25
*SUP 2: 1.1168 Low Jun 19 and the bear trigger
*SUP 3: 1.1163 High Mar 30
*SUP 4: 1.1098 50.0% retracement of the May 14 - Jun 10 rally
EURUSD technical conditions are unchanged. Activity remains within the key
directional parameters. We mentioned last week that price needs to hold above
1.1168, Jun 19 low to maintain a bullish outlook. A break would be bearish. On
the upside, the bull trigger is 1.1349. Clearance of this resistance would
remove any bearish concerns. Note, Friday's price pattern is a doji candle,
signalling a potential base and provides the bull camp with some support.

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