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EURO-STERLING TECHS: Rally Moves Toward The Equality Rise Target At Stg0.9310
*RES 4: Stg0.9402 Oct 6 high
*RES 3: Stg0.9376 2% volatility band
*RES 2: Stg0.9368 7 week bull channel top projection
*RES 1: Stg0.9310 Equality rise from 0.8743 to 0.8313-0.8880
*PRICE: Stg0.9284 @0958GMT
*SUP 1: Stg0.9260/70 Hourly support
*SUP 2: Stg0.9230/35 Aug 28 low, Aug 24 high
*SUP 3: Stg0.9215 Hourly congestion Aug 24-25
*SUP 4: Stg0.9190 Aug 24 low
*COMMENTARY* Now trying to sustain a break above both the upper 1% volatility
band at Stg0.9284 and the 4 month bull channel top at Stg0.9290. Next target on
the upside becomes the equality rise target at Stg0.9310. In the interim, look
to Stg0.9260-70 for initial support, the Stg0.9230-35 area below but only a loss
of Stg0.9215-Stg0.9190 will caution. Directly above Stg0.9310 and not much
showing until Stg0.9368-Stg0.9376.