(M18) Threatening A Break Out Of.........>

BOBL TECHS: (M18) Threatening A Break Out Of Recent Consolidation

*RES 4: 131.42 61.8% Fibo of 132.70-129.36

*RES 3: 131.25 0.5% volatility band

*RES 2: 131.03/07 50% Fibo of 132.70-129.36, Jan 8 high

*RES 1: 130.89/91 Jan 2 low, 1.618 swing 130.76-130.51

*PRICE: 130.78 @0801GMT

*SUP 1: 130.51/53 Mar 19 low, Mar 13, Mar 14 highs

*SUP 2: 130.38 Mar 8 high, Mar 13 low

*SUP 3: 130.31 Hourly congestion Mar 8-Mar 12

*SUP 4: 130.21 Mar 9 low

*COMMENTARY* Threatening to break clear of 130.75-130.76 resistance, at the time

of writing. Through here and the 130.89-130.91 region is the next likely port of

call, the latter the swing target of the recent 130.76-130.51 consolidation. Any

higher and 131.03-131.07 next, an area that at 131.05, also includes the

equality rise target from 129.84 to the prior 129.36-130.57 climb. Still have

main support from 130.53-130.51, below the latter will disappoint.