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Key Support Seen Between........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Key Support Seen Between Stg0.9077 And Stg0.9040 Fibo Level
*RES 4: Stg0.9174 1% volatility band
*RES 3: Stg0.9161 1.618 swing of Stg0.9119-Stg0.9051
*RES 2: Stg0.9143/44 76.4% Stg0.9402-Stg0.8305, Aug 16 high
*RES 1: Stg0.9125/30 Hourly resistance
*PRICE: Stg0.9109 @0935GMT
*SUP 1: Stg0.9077 5 week rising support line
*SUP 2: Stg0.9064 Aug 17 low
*SUP 3: Stg0.9040/51 76.4% of Stg0.9008-Stg0.9144, Aug 15 low
*SUP 4: Stg0.9008/09 Aug 10, Aug 9 lows
*COMMENTARY* The hold of Stg0.9008-09 last week, has been followed by a move
back above Stg0.9091-Stg0.9119 resistance. This has culminated in a challenge to
the key Stg0.9143 area. Will need to sustain a move through here, before the
next targets between Stg0.9161 and the upper 1% volatility band at Stg0.9174 can
be met. Meanwhile, the 5 week support line at Stg0.9077 and the 76.4% Fibo
retrace level at Stg0.9040 now provide next key levels of support.

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