(U18) Triple Resistance From 112.140...>

SCHATZ TECHS: (U18) Triple Resistance From 112.140 Proving Tough

*RES 4: 112.210 61.8% Fibo of 112.420/111.860

*RES 3: 112.180 1.618 swing of 112.140-112.080, 0.1% vol

*RES 2: 112.140 50% Fibo of 112.420/111.860, Jun 21 high

*RES 1: 112.120 Hourly resistance

*PRICE: 112.120 @1459GMT

*SUP 1: 112.060 Jun 5, Jun 8 highs, now support

*SUP 2: 112.030 Jun 15 high, now support

*SUP 3: 112.000 Jun 20 low

*SUP 4: 111.970 Jun 18 low

*COMMENTARY* Last month'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 the early June highs at 112.060 and

then 112.030. Loss of the latter would concern now.