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(M0) Short-Term Reversal Extends *RES....>

BOBL TECHS
BOBL TECHS: (M0) Short-Term Reversal Extends
*RES 4: 136.041 61.8% retracement of the Mar 9 - 19 sell-off
*RES 3: 135.640 High Mar 30 and key resistance
*RES 2: 135.470 High Apr 1
*RES 1: 135.310 High Apr 15
*PRICE: 134.900 @ 04:58 BST Apr 15
*SUP 1: 134.880 Low Apr 15
*SUP 2: 134.510 Low Apr 14
*SUP 3: 134.380 Low Apr 9 and key intraday support
*SUP 4: 134.219 61.8% retracement of the Mar 19 - 30 rally
Bobl futures traded higher again yesterday. The rally follows a reversal earlier
this week off what is now a key short-term support at 134.380, Apr 9 low and
just below the 50.0% retracement of the Mar 19 - 30 rally, at 134.490.
Furthermore, price action on Mar 9 was a bullish engulfing reversal candle,
reinforcing the current bullish theme. The focus is on a climb towards the next
key resistance at 135.640, Mar 30 high. Initial support is at 134.880.

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