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(H0) Downside Focus Remains *RES 4:......>

BOBL TECHS
BOBL TECHS: (H0) Downside Focus Remains
*RES 4: 135.260 1.500 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 135.135 1.382 projection of Jan 2 - Jan 8 rally from Jan 14 low
*RES 2: 135.020 High Jan 31
*RES 1: 134.770 High Feb 11
*PRICE: 134.650 @ 04:51 GMT Feb 13
*SUP 1: 134.450 Low Feb 6
*SUP 2: 134.392 50-day EMA
*SUP 3: 134.186 61.8% retracement of the Jan 14 - Jan 31 rally
*SUP 4: 134.080 Low Jan 23
H0 Bobl found support yesterday but remains below it recent highs. A near-term
bearish risk remains in place though. This follows last week's sharp pullback
that signals an unwinding of the recent overbought condition. Attention is on
support at 134.450, the Feb 6 low where a break would signal scope for a deeper
pullback and open 134.400, the 50-day EMA and potentially 134.186, a retracement
level. Initial resistance is at 134.770, the Feb 11 high.

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