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Lacking Direction EURGBP........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Lacking Direction
EURGBP continues to trade near the middle of its multi-week range, struggling
for direction. Bulls need to clear the 50-dma at 0.8652 to bring the Mar 21 high
& 38.2% retracement level back into view at 0.8723/29. While bears look for a
close below the Mar 28 low at 0.8512 to extend the downtrend, opening the Mar
27/Mar 13 lows at 0.8483/72.

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