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Winning Streak Extends *RES.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Winning Streak Extends
*RES 4: 0.9184 61.8% Fibonacci retracement of the Mar - Apr decline
*RES 3: 0.9176 High Jun 29 and the bull trigger
*RES 2: 0.9145 High Jun 30
*RES 1: 0.9113 High Jul 14
*PRICE: 0.9086 @ 17:25 BST Jul 14
*SUP 1: 0.9028 Intraday low
*SUP 2: 0.8938 Low Jul 10 and the key near-term support
*SUP 3: 0.8912 Low Jun 16
*SUP 4: 0.8883 Low Jun 10
EURGBP picked up the pace Tuesday, rallying sharply for a second session to show
above the 0.91 handle. In Japanese candle terms, Monday's activity is a bullish
engulfing pattern and this follows Friday's doji candle candle. Together they
suggest a base has likely been defined at Friday's 0.8938 low. Also, the
recovery has occurred off the 50-day EMA. Tuesday's break of 0.9068, Jul 6 high
opens 0.9145 next, Jun 30 high . Key support is at 0.8938.

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