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Rally Makes A Challenge To......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Rally Makes A Challenge To Stg0.9143 Fibo Retrace Level
*RES 4: Stg0.9222 3 month bull channel top projection
*RES 3: Stg0.9161 1.618 swing of Stg0.9119-Stg0.9051
*RES 2: Stg0.9154 1% volatility band
*RES 1: Stg0.9143 76.4% of Stg0.9402-Stg0.8305, Oct 10 high
*PRICE: Stg0.9103 @0925GMT
*SUP 1: Stg0.9070/75 Hourly support
*SUP 2: Stg0.9050/51 5 week rising support line, Aug 11 low 
*SUP 3: Stg0.9035/40 Congestion area Aug 9-10
*SUP 4: Stg0.9008/09 Aug 10, Aug 9 lows
*COMMENTARY* Has built on support provided by the Stg0.9008-09 lows last week,
culminating in a move back above the swing target at Stg0.9091. Tuesday's move
through the previous Stg0.9119 high has now seen a challenge into the key
Stg0.9137-Stg0.9143 area. Will need to sustain a move through here, before the
next swing target at Stg0.9161 can be met. Support from Stg0.9070-75 should now
hold, else the 5 week support line at Stg0.9050, comes back under pressure.

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