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Sights on the 0.8992 bull.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Sights on the 0.8992 bull trigger:
*RES 4: 0.9108 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8992 High Jun 28
*PRICE: 0.8966 @ 04:14 GMT Jul 3
*SUP 1: 0.8916 Low Jun 25
*SUP 2: 0.8873 Low Jun 20 and key trend support
*SUP 3: 0.8851 Low Jun 7
*SUP 4: 0.8838/30 100-wma / Low Jun 6
EURGBP found support at 0.8920 resulting in a recovery yesterday. The cross
maintains an outright bullish tone with the focus on a move to and potential
break of Friday's trend high at 0.8992. A move above this level would confirm a
resumption of the uptrend and expose the key psychological 0.90 level. The Jun
25 low of 0.8916 represents support for today. Broader trend support and the key
risk parameter for bulls lies at 0.8873. Look for the cross to push higher.

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