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Range Highs In Touching.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Range Highs In Touching Distance
Rate operates within touching distance of the recent cycle highs at 0.8902.
Consolidation above would bring the Dec 31 low into view at 0.8927, ahead of the
76.4% retracement of the Jan-Mar fall at 0.8958. Bears' focus remains on broken
pivotal resistance-turned-support at 0.8825. Below here opens a return to the
0.8800 level, ahead of the 200-dma at 0.8783.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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