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(U17) 133.03-132.94 Support Now The......>

BOBL TECHS
BOBL TECHS: (U17) 133.03-132.94 Support Now The Key Focus Today
*RES 4: 133.70 0.5% volatility band
*RES 3: 133.54 8 week bull channel top projection
*RES 2: 133.36/38 Aug 29 high, 61.8% Fibo of 134.89-130.95
*RES 1: 133.22/27 Hourly resistance
*PRICE: 133.18 @1041GMT
*SUP 1: 132.94/03 Aug 28 low, 8 week rising support line
*SUP 2: 132.84 Aug 25 low
*SUP 3: 132.57 38.2% Fibo of 131.30-133.36
*SUP 4: 132.33/41 50% Fibo of 131.30-133.36, 0.5% vol band
*COMMENTARY* The hold of 132.75 support last week produced a bout of fresh
strength. This has broken above the top of the previously troublesome
132.87-132.95 resistance and also the 133.10-133.18 swing targets. This now sees
the 133.38-133.54 area as next targets, a 61.8% Fibo retrace level and the
current top of the 8 week bull channel projection. Key support now from between
the 7 week rising support line at 133.03 and the Aug 28 low at 132.94.

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