(H18) Fall Held Around The Lower 0.5%....>

BOBL TECHS: (H18) Fall Held Around The Lower 0.5% Volatility Band

*RES 4: 131.05 Jan 18 low, now resistance

*RES 3: 130.92 Jan 12 low, now resistance

*RES 2: 130.75/76 Jan 25 low, hourly high Jan 26

*RES 1: 130.60/65 Hourly resistance

*PRICE: 130.48 @0800GMT

*SUP 1: 130.34 Jan 29 low, 0.5% volatility band

*SUP 2: 130.10 38.2% Fibo of 122.34-134.89

*SUP 3: 129.70 1.618x 132.74-131.43 from 131.82, 1% vol band

*SUP 4: 129.63 Equality fall target from 131.45

*COMMENTARY* Opened the week lower, a 130.34 low posted on Monday before finding

some support around the lower 0.5% volatility band. The slightly higher

130.41-130.39 area was seen as a potentially decent support band and a bounce

from around here would not be unexpected. 130.60-130.76 is initial resistance,

back above the latter would give some momentum to a recovery. Sustained break

below 130.34 and 130.10 protects against 129.70-129.63.