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Pressure Sees Assault on........>

EURO-STERLING TECHS: Pressure Sees Assault on Triple Stg0.8642-Stg0.8638 Support
*RES 4: Stg0.8759 Apr 4 high
*RES 3: Stg0.8740 Apr 11 high
*RES 2: Stg0.8710/20 Hourly congestion area Apr 3-Apr 11
*RES 1: Stg0.8680/92 Hourly resistance, Apr 10 low
*PRICE: Stg0.8670 @1728GMT
*SUP 1: Stg0.8642 Jun 8 low
*SUP 2: Stg0.8638/39 1% vol band, 6 month bear channel base 
*SUP 3: Stg0.8603 May 24 low
*SUP 4: Stg0.8588 1.618 swing of Stg0.8668-Stg0.8798
*COMMENTARY* The 'Shooting Star' candle close on Mar 27 is still exerting it's
influence, as we today break free of initial Stg0.8699-Stg0.8692 support. This
has been followed later in the day by a loss of the year's previous Stg0.8668
low. Pressure has begun on the next key region of support from
Stg0.8642-Stg0.8638. This has withstood challenges so far, resistance now
Stg0.8680-Stg0.8692 but Stg0.8710-Stg0.8720 tougher higher. 

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