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Waiting for the Next Headline...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Waiting for the Next Headline
Bulls closed back above the 200-dma at 0.8834 Thursday, building on recent
momentum. The 100-dma at 0.8881 and down trendline resistance from the Aug high
at 0.8890 provide the next hurdles to overcome. These come in ahead of the Oct
30 high at 0.8939. Bears need to push back below the 200-dma to return the focus
to the downside and target the 0.8700 level, before turning attention towards
Tuesday's multi-month lows of 0.8656.

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