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(M0) Uptrend Resumes *RES 4: 136.679.....>

BOBL TECHS
BOBL TECHS: (M0) Uptrend Resumes
*RES 4: 136.679 76.4% retracement Mar 9 - 19 sell-off
*RES 3: 136.580 High Mar 13
*RES 2: 136.390 High Mar 16
*RES 1: 136.300 Intraday high
*PRICE: 136.110 @ 04:59 BST May 4
*SUP 1: 135.640 High Mar 30
*SUP 2: 135.340 Low Apr 30
*SUP 3: 135.010 Low Apr 28 and key near-term support
*SUP 4: 134.770 Low Apr 23 and bear trigger
Bobl futures rallied higher Thursday, clearing key resistance at 135.640, Mar 30
high. The break confirms a resumption of the recovery that has been in place
since Mar 19. Overnight, price has cleared the 61.8% retracement of the Mar 9 -
19 decline further reinforcing a bullish condition This is an important break
and signals scope for an extension towards 136.390, Mar 16 high and 136.679
further out, the 76.4% retracement. Initial support lies at 135.64.

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