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(Z17) Further Recovery Will Benefit....>

SCHATZ TECHS
SCHATZ TECHS: (Z17) Further Recovery Will Benefit From 112.180 Break
*RES 4: 112.250 0.1% volatility band
*RES 3: 112.230 Sep 8, Sep 11 lows, now resistance
*RES 2: 112.200 Sep 15 high
*RES 1: 112.180 Sep 25 high
*PRICE: 112.170 @0855GMT
*SUP 1: 112.110 Sep 21, Sep 22 highs, now support
*SUP 2: 112.090 Congestion area Sep 21-22
*SUP 3: 112.060 Sep 21 low
*SUP 4: 112.030 Aug 17 low, 0.1% volatility band
*COMMENTARY* The recovery from last week's 112.060 low continues, reaching
112.180 on Monday. As a result, last Thursday and Friday highs at 112.110 now
act as initial support, 112.090 an additional buffer below, ahead of that
112.060 level again. Directly through 112.180 and the rally can extend towards
112.200-112.230 next, as we reclaim some more of the losses sustained since the
month's earlier 112.280 high.

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