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(U17) 131.82 Support Holds And Puts......>

BOBL TECHS
BOBL TECHS: (U17) 131.82 Support Holds And Puts Focus Back on 132.14
*RES 4: 132.51 61.8% Fibo of 133.26-131.30
*RES 3: 132.34 1.618 swing of 132.14-131.82
*RES 2: 132.28 50% Fibo of 133.26-131.30
*RES 1: 132.14 Jul 24, Jul 25 highs
*PRICE: 132.06 @1147GMT
*SUP 1: 131.89/94 Hourly support
*SUP 2: 131.82 38.2% 131.30-132.14, Jul 13 high, Jul 25 low
*SUP 3: 131.65/67 Jul 19, Jul 20 lows
*SUP 4: 131.50 76.4% Fibo of 131.30-132.14
*COMMENTARY* Since finding support at 131.30 earlier in the month, we have seen
a steady recovery. This has reached 132.14 so far, where it has stalled ahead of
the next resistance of note, the 50% Fibo retrace, at the higher 132.28 level.
Again some near term overbought conditions needing to be dealt with at present,
131.94-131.89 support ahead of triple support now from the lower and key level
at 131.82.

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