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EURO-STERLING TECHS
EURO-STERLING TECHS: Still Unable To Maintain A Break Above Stg0.8970
*RES 4: Stg0.9052 Nov 2 high
*RES 3: Stg0.9028/35 Nov 9 high, 1% volatility band
*RES 2: Stg0.8994/95 Jul 21, Aug 2 highs
*RES 1: Stg0.8960/70 Hourly resistance
*PRICE: Stg0.8931 @0847GMT
*SUP 1: Stg0.8914/22 Hourly support, Aug 1 low
*SUP 2: Stg0.8891/99 Jul 27, Jul 18 high
*SUP 3: Stg0.8867 Hourly base Jul 20
*SUP 4: Stg0.8829/34 Jul 19 low, 12 week rising suppt line 
*COMMENTARY* Another quick spike above Stg 0.8970 on Wednesday, a high of
Stg0.8995 but was unable to sustain this for less than an hour and now find
ourselves back in the recent range again. Looking at initial support from
Stg0.8914-22 but the Stg0.8891-99 area remains the stronger area below. Loss
would caution and open up a deeper correction with the 12 week support line at
Stg0.8834 the next attraction.

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