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Bunds traded either side of 163.50.......>

BUND TECHS
BUND TECHS: Bunds traded either side of 163.50 Friday, with equities somewhat
pulling the rug under prices as they gained firmer footing. Nonetheless, short
and medium-term momentum indicators continue to point higher, with Bunds
comfortably within the bounds of the bullish trend channel that's dictated play
since early October. To the downside, Bears now target the Dec 12 low/21-dma at
162.53/83, below which would shift the outlook negative and open the Dec 3 lows
at 161.88.

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