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(M18) Rally Falters Ahead Of.............>

BOBL TECHS
BOBL TECHS: (M18) Rally Falters Ahead Of 131.42-131.47 Targets
*RES 4: 131.71/79 Dec 14 high, 0.5% volatility band
*RES 3: 131.42/47 61.8% Fibo of 132.70-129.36, Nov 29 low
*RES 2: 131.30/31 Mar 28, Apr 3 highs
*RES 1: 131.15/20 Hourly resistance
*PRICE: 131.10 @1510GMT
*SUP 1: 130.86/90 Mar 26, Apr 10 lows
*SUP 2: 130.68 Hourly congestion Mar 20-Mar 21
*SUP 3: 130.51/54 Mar 19, Mar 21 lows
*SUP 4: 130.40 61.8% Fibo of 129.84-131.31
*COMMENTARY* Last week saw the upside slightly increase gains through the
previous 131.30 high, to reach 131.31 last Tuesday. Still shy of the next
notable targets, the 61.8% Fibo retrace level at 131.42 and the Nov 29 low at
131.47. Meanwhile, some near term overbought conditions have arisen and
Tuesday's loss of 131.03-130.96 support, now cautions, leaving the Mar 26 low at
130.86 vulnerable below. Nearest resistance falls to 131.15-131.20.

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