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(H18) Support Layered Between 132.43.....>

BOBL TECHS
BOBL TECHS: (H18) Support Layered Between 132.43 And Key 132.15
*RES 4: 133.15 1.618 swing of 132.70-131.97
*RES 3: 133.10 0.5% volatility band
*RES 2: 132.74/78 Dec 7 high, 76.4% Fibo of 133.36-130.92
*RES 1: 132.63/67 Hourly resistance
*PRICE: 132.49 @0916GMT
*SUP 1: 132.43 Hourly high Dec 5, now support
*SUP 2: 132.36 Hourly high/low Dec 4-Dec 5
*SUP 3: 132.24/25 Hourly low Dec 1, Dec 4 low
*SUP 4: 132.15 Initial rally high Nov 30, now support
*COMMENTARY* The 132.70-132.78 area has proved too tough to break at this
juncture. A high of 132.74 last Thursday before eventually giving way to some
near term overbought conditions. With the subsequent loss of 132.53, this now
sees 132.43 as the first of several supports ahead of the key 132.15 level.
Ideally have to hold above here to retain recent upside momentum. Resistance
meanwhile falls to 132.63-132.67.

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