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(U18) 132.28-132.30 Remains A Tough......>

BOBL TECHS
BOBL TECHS: (U18) 132.28-132.30 Remains A Tough Obstacle To Progress
*RES 4: 132.97 May 29 high
*RES 3: 132.66/71 May 30 high, 0.5% volatility band
*RES 2: 132.45 76.4% Fibo of 132.97-130.78
*RES 1: 132.28/30 Jun 21, Jun 22, Jun 27 & Jun 28 highs
*PRICE: 132.14 @1450GMT
*SUP 1: 131.85/90 Hourly support
*SUP 2: 131.77 Intraday low
*SUP 3: 131.60 Jun 18 low
*SUP 4: 131.36 61.8% Fibo of 130.78-132.30
*COMMENTARY* The 132.28-132.30 area is still proving tough to break and a
continued move towards the 76.4% Fibo retrace level at 132.45 and the upper 0.5%
volatility band at 132.71, looks to be on hold for a while. While capped here,
there will be scope for a pullback, immediate 132.02-132.01 support has been
lost today, as has 131.81 slightly, where further questions are asked of
direction. Above 132.30 needed for a remedy.

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