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Stg0.9203-Stg0.9213 In Way Of...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Stg0.9203-Stg0.9213 In Way Of Better Recovery
*RES 4: Stg0.9279 1% volatility band
*RES 3: Stg0.9227/38 Sep 4, Aug 31 highs
*RES 2: Stg0.9213 Sep 5 high
*RES 1: Stg0.9203 Sep 7 high
*PRICE: Stg0.9167 @0940GMT
*SUP 1: Stg0.9140/50 Hourly support
*SUP 2: Stg0.9119 Sep 7 low
*SUP 3: Stg0.9100 1.618 swing Stg0.9149-Stg0.9226
*SUP 4: Stg0.9091/95 38.2% Stg0.8743-Stg0.9306, 1% vol band
*COMMENTARY* Broke the upper 1% volatility band and the 4 month bull channel top
last week but the rally was halted just below the equality rise target at
Stg0.9310. The subsequent pullback, aided by a 'Doji' candle close, has breached
the 8 week support line and also the key near term support at Stg0.9190.
Sustained loss here would concern now and open potential for a further fall
towards next key Stg0.9100-Stg0.9091. Resistance Stg0.9203-Stg0.9213.

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