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Free Access(U9) Still Rangebound *RES 4: 135.000....>
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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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.