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(U9) Bullish conditions hold *RES 4:.....>

BOBL TECHS
BOBL TECHS: (U9) Bullish conditions hold
*RES 4: 135.209 Bull channel top drawn off the May 3 low
*RES 3: 135.060 2.00 Fibo projection of the May 3-15 rally off the May 22 low
*RES 2: 135.000 Round number resistance
*RES 1: 134.740 U9 contract high Jul 3
*PRICE: 134.690 @ 03:05 GMT July 5
*SUP 1: 134.502 Channel / Trendline support drawn off the May 3 low
*SUP 2: 134.300 Low Jun 28
*SUP 3: 134.150 Low Jun 27 and key trend support
*SUP 4: 133.861 50-day EMA
U9 Bobl bulls hold onto gains achieved this week with a contract high printed on
Wednesday at 134.770. This level is now a key resistance, as a break would
reinforce the importance of Wednesday's move above former resistance at 134.700,
the Jun 18 high. Upside price objectives are at 135.000 and 135.060 next. Price
action is also trading within a bull channel, drawn off the May 3 low. The top
today intersects at 135.209. Channel support lies at 134.502.

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