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Off Its Highs Failure to hold...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Off Its Highs
Failure to hold above ascending channel resistance has given bears some
breathing room after a relentless rally. Bulls will look for a close above
0.9018 to regain control and challenge the 0.9033 area. Bears need a drop to
0.8880 to shift the short-term outlook back to neutral. A close below 0.8855
would see the outlook turn bearish before any challenge on the 200-dma at
0.8822.

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