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US DATA

MNI Chicago Business Barometer Dropped in Feb

AUD

Westpac Issue New AUD/USD Trade Recommendation

US DATA

Jan Personal Income Above Expected

Limited Recoveries A major......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Limited Recoveries
A major topping pattern is in play with rallies looking corrective for now.
Bears need a downside break of the 0.8500 level to bring the 38.2% retracement
at 0.8468 back into play. Bulls need to recover the 0.87 level to improve the
outlook and target prior range lows around 0.8750. Above here would bring the
100 & 200-dma's back into view at 0.8843/60.