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(H18) Tumbles Below Previous 130.92......>

BOBL TECHS
BOBL TECHS: (H18) Tumbles Below Previous 130.92 Base
*RES 4: 131.30 Congestion area Jan 19-23
*RES 3: 131.25 Jan 25 high
*RES 2: 131.12 Jan 24 low, now resistance
*RES 1: 130.94/05 Intraday high, hourly resistance
*PRICE: 130.71 @1540GMT
*SUP 1: 130.63 Intraday low
*SUP 2: 130.59 1.618 swing of 130.92-131.45
*SUP 3: 130.49 1% volatility band
*SUP 4: 130.45 76.4% Fibo of 129.74-132.74
*COMMENTARY* The consolidation was broken Tuesday and allowed some further
correction of the 131.82-130.92 losses sustained this year but the 61.8% Fibo
retrace level at 131.48 contained the rise. Subsequently support from between
131.15-130.92 has given way, leading to a 130.63 fall, where latest support has
been found. This above stronger 130.59-130.45 levels. Resistance falls to
130.94-131.12 ahead of Thursday's 131.25 high.

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