(U9) 134.080 key support holds *RES 4:...>

BOBL TECHS: (U9) 134.080 key support holds

*RES 4: 134.680 High Jul 8

*RES 3: 134.495 61.8% retracement of the Jul 3-Jul 12 decline

*RES 2: 134.430 High Jul 10

*RES 1: 134.380 High Jul 11

*PRICE: 134.320 @ 02:36 GMT July 16

*SUP 1: 134.080/050 Low Jun 18 and key support / Low Jul 12

*SUP 2: 133.976 50-day EMA

*SUP 3: 133.900 Low Jun 7

*SUP 4: 133.680 Low Jun 6

U9 Bobl finds support ahead of its 50-day EMA. Also, and despite being probed on

Friday, the key 134.08 support remains intact. This is the low of Jun 18 and the

base of a strong candle known as a standard line. The low represents a key

support and the fact that it remains intact suggests the current recovery is the

early stages of a broader bullish resumption. 61.8% of the Jul 3-Jul 12 decline

is important, a break would reinforce a bullish tone. Key support is 134.05.