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(H9) 21-DMA Support Under Pressure.......>

BOBL TECHS
BOBL TECHS: (H9) 21-DMA Support Under Pressure
*RES 4: 133.410 High May 29 (continuation chart) 
*RES 3: 133.400 Channel top (continuation chart) 
*RES 2: 133.080 High Jan 15 
*RES 1: 133.020 High Jan 31 
*PRICE: 132.880 @ 04:46 GMT Feb 7 
*SUP 1: 132.845 21-dma 
*SUP 2: 132.610 Low Jan 18 
*SUP 3: 131.910 Low Dec 13 
*SUP 4: 131.180 Low Nov 8 (continuation chart) 
Bobl futures continue to close above their 21-dma but the failure to break
higher keeps this level in focus. A close below 132.845 would suggest a bearish
trend change, opening the Jan 18 low at 132.610. Bulls continue to look for a
break above Thursday's high at 133.020 to reignite fresh upside momentum towards
the Jan 15 high at 133.080. Above here would target the channel top at 133.40
ahead of the May 29 spike high. 

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