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(U17) 132.46-132.51 Next Resistance On...>

BOBL TECHS
BOBL TECHS: (U17) 132.46-132.51 Next Resistance On Upside Agenda 
*RES 4: 132.77 0.5% volatility band
*RES 3: 132.51 61.8% Fibo of 133.26-131.30
*RES 2: 132.46 Jun 28 high
*RES 1: 132.40 Aug 1, Aug 2 highs
*PRICE: 132.40 @1448GMT
*SUP 1: 132.17/23 Hourly support
*SUP 2: 132.02/03 Jul 31, Aug 1 lows
*SUP 3: 131.87 Jul 28 low
*SUP 4: 131.82 Jul 13 high, Jul 25 low
*COMMENTARY* Finally broke clear of the recent 132.14-132.17 range top. The
subsequent rise has now breached the next resistance area between the 50% Fibo
retrace level at 132.28 and the swing target at 132.34. This suggests scope to
increase gains towards 132.46-132.51 next. In the meantime, nearest support
rises to 132.23-132.17 and this currently offers protection to the now key near
term support level from 132.02-132.03. A loss here would disappoint now. 

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