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(Z17) 9 Week Rising Support Line Comes...>

BOBL TECHS
BOBL TECHS: (Z17) 9 Week Rising Support Line Comes In At 131.50 Today
*RES 4: 132.35/39 0.5% volatility band, Apr 13 high
*RES 3: 132.06/08 9 week channel,1.618 swing of 131.87-131.54
*RES 2: 131.98/99 Sep 8, Jun 7 highs
*RES 1: 131.89/92 Hourly resistance
*PRICE: 131.77 @1603GMT
*SUP 1: 131.64/70 Hourly support
*SUP 2: 131.50/54 9 week rising support line, Sep 5,7 lows
*SUP 3: 131.42 Sep 1 low
*SUP 4: 131.37 Aug 28 low
*COMMENTARY* Moved through the 76.4% Fibo retrace level at 131.76 last week, to
reach a high of 131.98, before again falling foul of some overbought conditions.
In this respect, look to 131.70-131.64 for initial support now, ahead of what
looks more important levels between 131.54-131.50. In the interim, resistance
comes from 131.89-131.92, back above the latter needed before thoughts can again
turn to the channel top and swing targets, between 132.06-132.08.

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