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(U0) Bullish Focus Remains Intact *RES...>

BOBL TECHS
BOBL TECHS: (U0) Bullish Focus Remains Intact
*RES 4: 135.228 76.4% projection of the Jun 5 - 15 rally from Jun 17 low
*RES 3: 135.150 50.0% retracement of the May 4 - Jun 10 decline (cont)
*RES 2: 135.080 High Jun 29
*RES 1: 134.990 High Jul 10
*PRICE: 134.860 @ 04:58 BST Jul 13
*SUP 1: 134.660 Low Jul 7
*SUP 2: 134.510 Low Jul 2 and key near-term support
*SUP 3: 134.435 50.0% retracement of the rally between Jun 5 - 29
*SUP 4: 134.410 Low Jun 17
Bobl futures traded higher again Friday and a bullish outlook remains intact.
The recovery Jul 2 marked a potential reversal day. In Japanese candle terms,
the price formation was a piercing pattern and defined a key support at 134.510,
Jul 2 low. If bulls are to remain in control, price action needs to hold above
this support. Friday's break of 134.910, Jul 1 high opens 135.080, the Jun 29
high. Initial firm support is 134.660.

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