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Stg0.8784-Stg0.8782 Now.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Stg0.8784-Stg0.8782 Now Provides Key Near Term Support 
*RES 4: Stg0.8939 Nov 2 high
*RES 3: Stg0.8912 Hourly recovery high Nov 
*RES 2: Stg0.8873/85 Nov 3 low, Hourly high Nov 6 
*RES 1: Stg0.8845/50 Hourly resistance
*PRICE: Stg0.8803 @1650GMT
*SUP 1: Stg0.8782/84 76.4% of Stg0.8733-Stg0.8939, Nov 1 high
*SUP 2: Stg0.8747 1% volatility band
*SUP 3: Stg0.8733 Nov 1 low
*SUP 4: Stg0.8692 61.8% Fibo of Stg0.8313-Stg0.9306
*COMMENTARY* A low of Stg0.8733 last Wednesday, just slightly below the 1.618
projection target at Stg0.8737. The subsequent rally has helped to reduce some
heavily oversold conditions. A high of Stg0.8939, before retreating once again.
The loss of Stg0.8813 support today, now requires Stg0.8782-Stg0.8784 to hold,
if near term upside bias is to be retained and avoid a Stg0.8747-Stg0.8733 fall.
Nearest resistance now Stg0.8845-50 and then Stg0.8873-Stg0.8885.

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