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Rallies After Test To The.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Rallies After Test To The Swing Target At Stg0.8756
*RES 4: Stg0.8950 1% volatility band
*RES 3: Stg0.8930 Congestion area Nov 27-28
*RES 2: Stg0.8900 Hourly low Nov 28, now resistance
*RES 1: Stg0.8870/80 Hourly res, hourly recovery high Nov 28
*PRICE: Stg0.8841 @0951GMT
*SUP 1: Stg0.8780/90 Hourly support
*SUP 2: Stg0.8756 1.618 swing Stg0.8842-Stg0.8981, Dec 4 low
*SUP 3: Stg0.8745 Equality from 0.8880 to 0.8982-0.0.8847
*SUP 4: Stg0.8733 Nov 1 low
*COMMENTARY* Found a base on Monday at the swing target at Stg0.8756, this in
the midst of some congested support levels from between Stg0.8776 and Stg0.8733,
the Nov 1 low. The resultant rally aided by some oversold conditions, has
overcome Stg0.8847-Stg0.8861 resistance, now leaving Stg0.8870-Stg0.8880 as the
brake to a better Stg0.8900-Stg0.8930 recovery, as we claw back losses from the
Nov 28 high at Stg0.8982. Nearest support Stg0.8790-Stg0.8780.

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