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(U0) Bullish Focus *RES 4: 135.340.......>

BOBL TECHS
BOBL TECHS: (U0) Bullish Focus
*RES 4: 135.340 High May 18
*RES 3: 135.150 50.0% retracement of the May 4 - Jun 10 decline (cont)
*RES 2: 134.930 High May 22
*RES 1: 134.860 High Jun 15
*PRICE: 134.570 @ 04:56 BST Jun 19
*SUP 1: 134.410 Low Jun 17
*SUP 2: 134.210 Low Jun 11 and key near-term support
*SUP 3: 134.000 Low Jun 10
*SUP 4: 133.790 Low Jun 5 & 1.50 projection of May 18-19 swing from May 22 high
Bobl futures are consolidating. The outlook remains bullish and the pullback
earlier this week is considered a correction. Last week's gains signal an end to
the recent downtrend, and suggests scope for a stronger recovery. The focus is
on resistance at 134.930, May 22 high where a break would reinforce a developing
bullish theme and open 135.340, May 18 high. Firm support is at 134.210, Jun 11
low. The initial bull trigger is 134.860, Jun 15 high.

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