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Jun 28 in view: *RES 4:.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Jun 28 in view:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8990/92 High Jul 3 / High Jun 28
*PRICE: 0.8968 @ 08:40 GMT Jul 4
*SUP 1: 0.8928/21 21-dma/Low Jul 2
*SUP 2: 0.8873 Low Jun 20 and key trend support
*SUP 3: 0.8851 Low Jun 7
*SUP 4: 0.8838/30 100-wma / Low Jun 6
EURGBP touched recovery highs of 0.8990 yesterday, before meeting strong
resistance ahead of the psychological 0.90 area. This level has so far proved
hard to overcome, with a break here needed to confirm a resumption of the
uptrend and target the Jan 11 high. The Jul 2 low of 0.8921 represents an
important short-term support. Broader trend support and the key risk parameter
for bulls lies at 0.8873.

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