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Upside Flatters To Deceive......>

EURO-STERLING TECHS
EURO-STERLING TECHS: Upside Flatters To Deceive With Move Through Stg0.8810
*RES 4: Stg0.8931 7 month bear channel top
*RES 3: Stg0.8886 61.8% Fibo of Stg0.8968-Stg0.8620
*RES 2: Stg0.8846 1% volatility band
*RES 1: Stg0.8838/42 Intraday, May 4 highs
*PRICE: Stg0.8800 @1545GMT
*SUP 1: Stg0.8780/90 Hourly support
*SUP 2: Stg0.8750 Initial rally high Jun 5, now support
*SUP 3: Stg0.8724/26 Jun 5, Jun 1 lows
*SUP 4: Stg0.8697 May 29 low
*COMMENTARY* Found the ability to move through Stg0.8795-Stg0.8810 resistance
today but has once again faltered on the approach to the next resistance of note
between Stg0.8842-Stg0.8846. The subsequent pullback from there has been
relatively swift, with Stg0.8790-Stg0.8780 providing immediate support against a
return into the more familiar range above the recent Stg0.8726-Stg0.8724 lows.

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