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Uptrend Support Holding, For....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Uptrend Support Holding, For Now
Failure to reclaim 0.89 has seen bears focus return to the downside. Long-term
uptrend support holds for now, a break opens the Sep 20 low & 200-dma at
0.8848/40, ahead of the July 4 low at 0.8799. Bulls need a break back of 0.8920
to open the double-top resistance area at 0.8995/00 for resumption of the
uptrend. A break above 0.9052 is needed to challenge the 0.9100 level which
holds the YTD high at 0.9098.

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