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(U9) Still Rangebound *RES 4: 135.000....>

BOBL TECHS
BOBL TECHS: (U9) Still Rangebound
*RES 4: 135.000 Psychological level
*RES 3: 134.890 High Feb 24, 2017
*RES 2: 134.440 Projected channel top from May 3 low
*RES 1: 134.170/230 Contract high June 6, High 7 Mar 2017
*PRICE: 134.070 @ 03:54 GMT June 13
*SUP 1: 133.855 Projected channel base from May 3 low
*SUP 2: 133.748 21-dma
*SUP 3: 133.680 Outside day low June 6
*SUP 4: 133.300 Low May 22
U9 Bobl is still rangebound, with overall, bias skewed on fresh contract high
above 134.17 with focus on the Mar 7 2017 high at 134.230 ahead of projected
channel top that is today valued at 134.440. On the downside, a projected
channel base from May 3 low comes in at 133.855. Medium-term outlook is
constructive whilst above 21-dma at 133.720.

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