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Testing 200-DMA Support.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: Testing 200-DMA Support
EURGBP broke below the Sep 20 lows yesterday giving more weight to the bearish
case. The 200-dma is now under threat at 0.8840 and a close below here would
suggest a large topping pattern is playing out, opening the ytd low at 0.8620.
Bulls need to clear 0.8920 to return the focus to the upside, above here opens
the double-top resistance area at 0.8995/00, ahead of the ytd high at 0.9098.

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