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(H18) Support Still Seen Between.........>

BOBL TECHS
BOBL TECHS: (H18) Support Still Seen Between 132.25 And Key 132.15
*RES 4: 133.15 1.618 swing of 132.70-131.97
*RES 3: 132.74/78 Dec 7 high, 76.4% Fibo of 133.36-130.92
*RES 2: 132.62 Dec 11 high
*RES 1: 132.55/57 Dec 13 high, hourly resistance
*PRICE: 132.34 @0910GMT
*SUP 1: 132.24/25 Hourly low Dec 1, Dec 4 low
*SUP 2: 132.15 Initial rally high Nov 30, now support
*SUP 3: 132.09 8 week rising support line
*SUP 4: 131.97 Nov 30 low
*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 132.53-132.43, this
now sees 132.25-132.24 as the next support ahead of the key 132.15 level.
Ideally have to hold above here to retain recent upside momentum. Resistance
meanwhile falls to 132.55-132.62.

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