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(H18) Fall Still Tracking The Lower......>

BOBL TECHS
BOBL TECHS: (H18) Fall Still Tracking 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: 130.60/62 Jan 31, Jan 30 highs
*PRICE: 130.29 @0824GMT
*SUP 1: 130.18/28 0.5% volatility band, hourly support
*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
*SUP 4: 129.63 Equality fall target from 131.45
*COMMENTARY* Continues to creep lower, some hourly support from 130.28 is now
the protection to the lower 0.5% volatility band, currently at 130.18 by time
today. Any lower and the longer term Fibo retrace level at 130.10 then comes
into view. Meanwhile, 130.60-130.62 remains as near term resistance and the bar
to any near term attempts at a recovery. Below 130.10 and have to look down
towards 129.70-129.63.

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