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USDCAD TECHS

Solid Bounce

AUDUSD TECHS

Reverses In Style

EURJPY TECHS

Accelerates Off Bull Trigger

USDJPY TECHS

Still Pointing Higher

EURGBP TECHS

Bouncing Well

GBPUSD TECHS

Bulls Press Pause

Resumes Weakness

EURO-STERLING TECHS
  • RES 4: 0.9292 High Sep 11 and the bull trigger
  • RES 3: 0.9220 High Sep 22 and a key near-term resistance
  • RES 2: 0.9181 High Sep 24
  • RES 1: 0.9172 Trendline resistance drawn off the Sep 11 high
  • PRICE: 0.9076 @ 17:07 BST Sep 30
  • SUP 1: 0.9062 Low Sep 29
  • SUP 2: 0.9025 Low Sep 28 and the bear trigger
  • SUP 3: 0.9000 Round number support
  • SUP 4: 0.8967 76.4% retracement of the Sep 3 - 11 rally

EURGBP faded the Tuesday bounce into the Wednesday close, narrowing the gap with key S/T support at 0.9025, Monday's low. A break through here reinstates the bearish threat, and a fall through opens round number support at 0.90 initially. To the upside, renewed gains toward and through the week's highs of 0.9158 opens 0.9220, Sep 22 high.