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(U18) Rally Rejected By Upper 0.5%.......>

BOBL TECHS
BOBL TECHS: (U18) Rally Rejected By Upper 0.5% Volatility Band
*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 Jun 19 high
*PRICE: 131.90 @0740GMT
*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* Tuesday's rise all but reached the upper 0.5% volatility band,
which by time today has risen to join higher resistance at 132.12-132.13. A
small 'Shooting Star' candle close on the daily chart is a near term concern, so
watch 131.77-131.65 support for clues. Ideally these hold any setback, if the
rally is to continue through 132.02 and challenge that 132.12-132.13 area next.
Loss of 131.65 would caution. 131.50 then the protection against a deeper fall.

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