(M18) 111.830 Continues To Keep........>

SCHATZ TECHS: (M18) 111.830 Continues To Keep Upside Momentum Intact

*RES 4: 112.020 Dec 19 low, now resistance

*RES 3: 111.980 0.1% volatility band

*RES 2: 111.970 61.8% Fibo of 112.200-111.590

*RES 1: 111.920 Mar 19 high

*PRICE: 111.890 @0759GMT

*SUP 1: 111.830 Mar 5 high, Mar 14 low

*SUP 2: 111.800 Congestion area Mar 1-Mar 8

*SUP 3: 111.770 Feb 26 high, Mar 6 low

*SUP 4: 111.750 Feb 5 high, now support

*COMMENTARY* Squeezed above the 50% Fibo retrace at 111.900, a high of 111.920

seen on Monday, as we head towards the next resistances of note, the 61.8% Fibo

retrace level at 111.970 and the 0.1% volatility band, at 111.980, by time

today. This of the preceding 112.200-111.590 fall, seen over the early part of

the year. Support moves to 111.830, loss would caution near term and suggest

scope for a further 111.800-111.770 fall.