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Rally Heads Toward 4 Month......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Rally Heads Toward 4 Month Bull Channel Top Projection
*RES 4: Stg0.9325 2% volatility band
*RES 3: Stg0.9310 Equality rise from 0.8743 to 0.8313-0.8880
*RES 2: Stg0.9267 4 month bull channel top projection
*RES 1: Stg0.9236/40 Aug 23 high, hourly resistance
*PRICE: Stg0.9219 @0846GMT
*SUP 1: Stg0.9195 Hourly support
*SUP 2: Stg0.9173/77 Hourly highs Aug 22-23, now support
*SUP 3: Stg0.9144/54 Aug 16 high, Aug 22 low
*SUP 4: Stg0.9133 6 week rising support line
*COMMENTARY* Still moving higher and has risen through the next
Stg0.9194-Stg0.9215 target area. This takes us slightly above the upper 1%
volatility band, at Stg0.9233 today, with minor Stg0.9240 resistance, as the bar
to the top of the 4 month bull channel projection at Stg0.9267. Support rises
accordingly, Stg0.9195-Stg0.9173 now, ahead of Stg0.9154-Stg0.9144. Directly
above Stg0.9267 and not a lot until the equality rise target at Stg0.9310.

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