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(H0) Aiming Higher *RES 4: 135.135.......>

BOBL TECHS
BOBL TECHS: (H0) Aiming Higher
*RES 4: 135.135 1.382 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 134.980 1.236 projection of Jan 2 - Jan 8 rally from Jan 14 lowcovery
*RES 2: 134.730 1.00 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 134.720 High Jan 28 and intraday high
*PRICE: 134.710 @ 04:49 GMT Jan 30
*SUP 1: 134.430 Low Jan 29
*SUP 2: 134.319 38.2% retracement of the Jan 14 - Jan 27 rally
*SUP 3: 134.190 Low Jan 24
*SUP 4: 133.960 Low Jan 22
H0 Bobl rebounded off the day low yesterday. Attention now turns to the recent
high of 134.720. The recovery off yesterday's low reinforces the view that
pullbacks are corrective and that underlying bullish conditions are still
intact. Futures recently cleared resistance at 134.530, the Aug 1 high and this
highlights the potential for a stronger recovery near-term. A break of 134.720
would open 134.930, a Fibonacci projection. Support is at 134.430.

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