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(U9) Bulls probing the key 134.70........>

BOBL TECHS
BOBL TECHS: (U9) Bulls probing the key 134.70 resistance
*RES 4: 135.136 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: 135.00 round number resistance
*RES 1: 134.740 Intraday contract high
*PRICE: 134.730 @ 03:01 GMT July 3
*SUP 1: 134.300 Low Jun 28
*SUP 2: 134.150 Low Jun 27 and key trend support
*SUP 3: 134.020 Low Jun 17
*SUP 4: 133.795 50-day EMA
U9 Bobl bulls still dominate. The break on Monday above former resistance at
134.47 and Tuesday's follow through is a positive development that brings into
focus the contract high of 134.70 from Jun 25 that has been probed today. A
clear breach of this level is required to confirm a resumption of the bull trend
and open 135.136, the bull channel top and a key resistance point. Trend support
lies at 134.15 and needs to hold to maintain the bullish theme.

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