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(U9) Bulls eye the 134.770 contract......>

BOBL TECHS
BOBL TECHS: (U9) Bulls eye the 134.770 contract high
*RES 4: 136.000 Round number resistance
*RES 3: 135.320 Range breakout projection
*RES 2: 135.000 Round number resistance
*RES 1: 134.770 High Jul 3 and Jul 18 and key resistance
*PRICE: 134.660 @ 02:52 GMT July 22
*SUP 1: 134.520 Low Jul 18
*SUP 2: 134.350 Low Jul 17
*SUP 3: 134.260 Low Jul 16
*SUP 4: 134.080/050 Low Jun 18 and key support / Low Jul 12
U9 Bobl is bullish following last weeks rally. The recent bounce ahead of the
50-day EMA, and the fact that 134.08 held as support, confirms the broader
uptrend remains intact. 134.08 is the low of Jun 18 and the base of a strong
candle known as a standard line and represented a key support. On the upside,
134.770 is the contract high, a break would confirm a range breakout as well as
a resumption of the uptrend and open 135.00. Support is at 134.52.

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