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(H0) Approaching Trendline Resistance....>

BUND TECHS
BUND TECHS: (H0) Approaching Trendline Resistance
*RES 4: 173.30 High Dec 4
*RES 3: 172.99 High Dec 12
*RES 2: 172.78 Trendline resistance drawn off the Sep 3 high
*RES 1: 172.60 Intraday high
*PRICE: 171.48 @ 04:42 GMT Jan 6
*SUP 1: 171.10 Low Dec 3
*SUP 2: 170.19 Low Dec 2 and key support
*SUP 3: 170.06 1.618 projection of Nov 28 - Dec 3 decline from Dec 4 high
*SUP 4: 170.00 Round number support
H0 Bund is firmer following the strong rebound late last week. Tensions in the
Middle East continue to provide support and technically, price action has taken
on a more bullish stance. The break above resistance at 171.88, Dec 23 high and
172.43, Dec 16 high has brought into focus the key trendline resistance at
172.78. The trendline is drawn off the Sep 3 high. A break would signal a
stronger reversal. On the downside, support is at 171.10, Friday's low.

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