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Bobl: Could Retest 126.84

Published 02/12/2014, 09:38 AM
Updated 07/09/2023, 06:31 AM

Bubl Weekly Chart

Bobl immediate resistance at 126.65, but above here could retest 126.84. We should struggle here but a retest of 126.94/98 highs
should be seen as an excellent selling opportunity as the daily chart starts to look more negative.

Below 126.58/55 meets support at 126.48/45. A break of Friday's 126.38 low should then retest 126.32/28 important support
today. A break lower perhaps later in the week then targets 126.10, but if we fall as far as 125.95/90 use this area as an excellent
buying opportunity.

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