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Uptrend Support Holding, For....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Uptrend Support Holding, For Now
The cross managed to reclaim 0.89, frustrating bears who'd focused on a return
to the downside targets of the 200-dma at 0.8841. Long-term uptrend support at
0.8864, however, holds for now. A break below here would open the July 4 low at
0.8799. Bulls need to clear 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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