(U17) Suffering Fallout After Repeated...>

BOBL TECHS: (U17) Suffering Fallout After Repeated Failures At 132.14-15

*RES 4: 132.34 1.618 swing of 132.14-131.82

*RES 3: 132.28 50% Fibo of 133.26-131.30

*RES 2: 132.14/15 Jul 24, Jul 25, intraday highs

*RES 1: 132.04/07 Hourly resistance

*PRICE: 131.89 @1100GMT

*SUP 1: 131.82 38.2% 131.30-132.15, Jul 13 high, Jul 25 low

*SUP 2: 131.65/67 Jul 19, Jul 20 lows

*SUP 3: 131.47/50 Jul 14 low, 76.4% Fibo of 131.30-132.15

*SUP 4: 131.40 Jul 11 low

*COMMENTARY* Continued failure to break clear of 132.14 resistance over the

course of the week, after one last try earlier today, has resulted in a fall.

This now looks to threaten 131.86-131.82 support, the latter still seen as key.

A further loss here would trigger a deeper 131.67-131.47 drop, as we correct the

recent gains from the month's 131.30 low. In the interim, resistance now comes

from 132.04-07, ahead of that 132.14-15 area again.