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(U17) Supported Ahead Of 21-DMA *RES.....>

BOBL TECHS
BOBL TECHS: (U17) Supported Ahead Of 21-DMA
*RES 4: 132.74 100-DMA 
*RES 3: 132.35 55-DMA 
*RES 2: 132.14 High July 24 
*RES 1: 132.04 Hourly resistance July 25
*PREVIOUS CLOSE: 131.94
*SUP 1: 131.82 Low July 26
*SUP 2: 131.74 Hourly support July 20, 21-DMA
*SUP 3: 131.64 Hourly support July 18
*SUP 4: 131.47 Low July 17
*COMMENTARY: Support emerging ahead of the 21-DMA is a concern for bears who
need a close below 131.65 to shift focus back to tests of the double daily
bottom at 131.30. The 132.14 resistance remains key with bulls needing a close
above to reconfirm a bullish bias and initially target 132.35-48 where 55 &
100-DMAs are located. The Bollinger top (132.12) is the key concern for bulls
with potential to limit follow through.

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