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(Z9) Watch supports *RES 4: 137.080......>

BOBL TECHS
BOBL TECHS: (Z9) Watch supports
*RES 4: 137.080 1.00 projection of Aug 22 - Sep 3 rally from Sep 4 low
*RES 3: 137.000 Round number resistance
*RES 2: 136.880 Contract high, Sep 3
*RES 1: 136.630 High Sep 4
*PRICE: 136.360 @ 03:16 GMT Sep 5
*SUP 1: 136.220 Low Sep 4
*SUP 2: 136.060 Low Aug 23
*SUP 3: 136.020 Low Aug 22 and key support
*SUP 4: 135.667 50-day EMA
Z9 Bobl faced selling pressure yesterday before finding decent support off the
days low. The broader bull trend remains intact and as long as prices hold above
yesterday's low of 136.220, the focus is on the 136.880 contract high. A break
would open 137.000 and a Fibonacci projection at 138.080. On the downside, sub
136.220 levels and more importantly 136.020, the Aug 22 low would highlight a
bullish failure and the start of a deeper correction.

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