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(U17) 132.66-132.54 Hold Needed To.......>

BOBL TECHS
BOBL TECHS: (U17) 132.66-132.54 Hold Needed To Retain Recent Momentum
*RES 4: 133.38 61.8% Fibo of 134.89-130.95
*RES 3: 133.26 Jun 12 high
*RES 2: 133.16 0.5% volatility band
*RES 1: 132.87/95 Aug 11, Jun 21 highs
*PRICE: 132.77 @1545GMT
*SUP 1: 132.66 Aug 11 low
*SUP 2: 132.54 Aug 10 low
*SUP 3: 132.46 Aug 4 high, now support
*SUP 4: 132.37/40 Opening gap Aug 8-Aug 9
*COMMENTARY* Benefitted from the hold of 132.24 support last week breaking above
the 76.4% Fibo retrace level at 132.80. This now sees the Jun 21 high at 132.95
as next resistance, ahead of the upper 0.5% volatility band at 133.16 by time
today. Support meanwhile comes from Friday's 132.66 low and then Thursday's
132.54 base. These should now remain intact, if further gains are to follow at
this stage.

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