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(U17) 132.75 Becomes Interesting.........>

BOBL TECHS
BOBL TECHS: (U17) 132.75 Becomes Interesting Support Level Today
*RES 4: 133.47 0.5% volatility band
*RES 3: 133.38 61.8% Fibo of 134.89-130.95
*RES 2: 133.26 Jun 12 high
*RES 1: 133.05/10 Aug 24 high, 1.618 swing of 132.87-132.49
*PRICE: 132.86 @1026GMT
*SUP 1: 132.82/86 Hourly support
*SUP 2: 132.75 Aug 22,23 lows, 6 week rising support line
*SUP 3: 132.46/49 Aug 4 high, Aug 16 low
*SUP 4: 132.38 38.2% Fibo of 131.30-133.05
*COMMENTARY* The hold of 132.75 support has produced a bout of fresh strength.
This has broken above the top of the previously troublesome 132.87-132.95
resistance and now needs to sustain this, if we are to attain the next
objective, the swing target at 133.10. Meanwhile, 132.86-132.82 provides initial
support, backed up by that 132.75 area, which includes the 6 week rising support
line today. Directly through 133.10 and 133.26 next.

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