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Range Highs in View Bulls.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Range Highs in View
Bulls continue to look for follow through above 0.8890 to challenge 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.

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