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(U18) Recovery Facing Triple...........>

SCHATZ TECHS
SCHATZ TECHS: (U18) Recovery Facing Triple Resistance From 112.140
*RES 4: 112.280 0.2% volatility band
*RES 3: 112.210 61.8% Fibo of 112.420/111.860
*RES 2: 112.180 1.618 swing of 112.140-112.080
*RES 1: 112.140 50% Fibo of 112.420/111.860, Jun 21 high
*PRICE: 112.120 @0750GMT
*SUP 1: 112.080 Jun 22, Jun 25 lows
*SUP 2: 112.060 Jun 5, Jun 8 highs, now support
*SUP 3: 112.030 Jun 15 high, now support
*SUP 4: 112.000 Jun 20 low
*COMMENTARY* Last week's move above 112.060 has allowed a 112.140 rise so far,
this also an equality move from 111.970 to the prior 111.860-112.030 rally, seen
in the middle of the month. Will need to find the strength to break this triple
resistance area, before the chance of extending gains toward 112.180-112.210
next. In the interim, support comes from Friday's 112.080 low and then more
importantly between 112.060-112.030.

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