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Still Heading North *RES 4:.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Still Heading North
*RES 4: 0.9184 High Aug 20 2019
*RES 3: 0.9149 High Sep 3 2019
*RES 2: 0.9086 High Sep 4
*RES 1: 0.9059 Intraday high
*PRICE: 0.9016 @ 05:56 GMT Mar 16
*SUP 1: 0.8844 Low Mar 13
*SUP 2: 0.8774 Low Mar 12
*SUP 3: 0.8681 Low Mar 10
*SUP 4: 0.8621 Low Mar 5 and key support
EURGBP ended last week on a firm note and a clear bullish theme remains in
place. The late Feb-early-Mar break through 0.8596, Jan 14 high confirmed an
important swing in price that signalled a reversal. The cross early Mar also
held above this breakout level, a positive development and the subsequent rally
confirms the bullish theme. Trend conditions are in overbought territory but not
proving to be a threat to bulls. The focus is on 0.9086 next.

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