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(U18) Higher Open Has 132.05-132.13 In...>

BOBL TECHS
BOBL TECHS: (U18) Higher Open Has 132.05-132.13 In Mind
*RES 4: 132.66 May 30 high
*RES 3: 132.45 76.4% Fibo of 132.97-130.78
*RES 2: 132.12/13 May 31 high, 61.8% of 132.97-130.78
*RES 1: 132.02/05 Intraday high, 0.5% volatility band
*PRICE: 131.89 @1511GMT
*SUP 1: 131.77 Jun 18 high, now support
*SUP 2: 131.65 Hourly base Jun 18
*SUP 3: 131.50 Jun 15 low
*SUP 4: 131.19 Jun 13 high, now support
*COMMENTARY* Thursday saw a fall to 130.78, after 130.90 and then the May 21
high at 130.84 gave way. These were the  protection against a drop toward the
key 130.75-130.63 area. Oversold as a result and the 131.17-131.19 area has been
breached and should assist a recovery. In this respect, the next 131.86-131.88
barrier has been broken today, leaving 132.05-132.13 as next target area.
Support from between 131.77-131.65, loss of the latter would concern.

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