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(M18) Pullback Nears A 38.2% Fibo........>

BOBL TECHS
BOBL TECHS: (M18) Pullback Nears A 38.2% Fibo Retrace Of Recent Gains
*RES 4: 133.41 May 29 high
*RES 3: 133.24 May 29 close
*RES 2: 133.12 Intraday high
*RES 1: 132.76/82 Hourly resistance
*PRICE: 132.47 @1522GMT
*SUP 1: 132.35/39 38.2% of 130.64-133.41, intraday low
*SUP 2: 132.14/18 76.4% of 131.75-133.41, hourly high May 25
*SUP 3: 132.02 50% Fibo of 130.64-133.41
*SUP 4: 131.75 May 28 low
*COMMENTARY* Continued to post gains following last Wednesday's rally through
the 15 month falling resistance line, at 131.41. Reached a high of 133.41
Tuesday, before retreating on the back of some heavily overbought conditions.
Today support from between 132.65 and the May 28 high at 132.57 has been lost.
Further loss here would allow a deeper 132.35-132.14 correction. Meanwhile
132.76-132.82 bars the way higher again.

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