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Major Topping Pattern Taking....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Major Topping Pattern Taking Shape
EURGBP dropped to fresh 18 month lows today, breaking below the April 17 low at
0.8620 to strengthen the case for a major top. A close below here would open the
next downside target comes in at the 0.85 level. Bulls need a recovery of up
trendline support turned resistance around 0.8700. A close above the 200-dma at
0.8867 is needed to return the focus to the upside.

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