(H18) 131.43 Protects Against A..........>

BOBL TECHS: (H18) 131.43 Protects Against A 131.26-131.24 Fall

*RES 4: 132.24 Dec 14 low, now resistance

*RES 3: 131.97 Nov 30 low, now resistance

*RES 2: 131.91 Dec 19 low, now resistance

*RES 1: 131.71 Dec 28 high

*PRICE: 131.49 @0836GMT

*SUP 1: 131.43 Dec 27 low

*SUP 2: 131.26 1.618 swing of 131.43-131.71

*SUP 3: 131.24 50% Fibo of 129.74-132.74

*SUP 4: 131.13 0.5% volatility band

*COMMENTARY* Last week's 131.43 low is again under pressure today. This a likely

protection against a further 131.26-131.24 fall, as we continue to give back

gains. In the interim, resistance comes from last Thursday's 131.71 high,

currently needing back above here, before there is scope to see a better

pullback and correction of recent losses from last month's 132.74 high.