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(H0) Bullish Focus Intact *RES 4:........>

BUND TECHS
BUND TECHS: (H0) Bullish Focus Intact
*RES 4: 175.20 1.500 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 175.00 Round number resistance
*RES 2: 174.84 1.382 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 174.65 High Jan 30
*PRICE: 174.30 @ 04:43GMT Jan 31
*SUP 1: 173.41 Low Jan 27 and Jan 28
*SUP 2: 172.60/57 Jan 24 low / 50% of the Jan 14 - Jan 28 rally
*SUP 3: 172.35 Low Jan 23
*SUP 4: 171.91 Low Jan 22
H0 Bund remains bullish following the rebound off Wednesday's low that resulted
in a fresh high yesterday. The break of 174.48, Jan 28 high confirms a
resumption of the uptrend. Momentum and MA studies are also pointing north
reinforcing current conditions. The next objective is 174.84, a Fibonacci
projection and the 175.00 handle. Support lies at 173.41, the Jan 29 low where a
break is required to signal scope for a pullback instead.

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