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Struggling To Close Below.......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Struggling To Close Below 0.89
The failure to close below 0.89 has halted EURGBP's decline with bears needing a
break below here to cement the downtrend and turn the focus to the 100-dma and
Aug 2 low at 0.8860/54. Bulls now need to close above 0.8950 to shift the
short-term outlook back to neutral, while a break above 0.9052 is needed to
challenge the 0.9100 area which holds the YTD high at 0.9098.

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