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(H0) Bulls Hold On *RES 4: 177.43........>

BUND TECHS
BUND TECHS: (H0) Bulls Hold On
*RES 4: 177.43 2.236 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 177.00 Round number resistance
*RES 2: 176.71 2.00 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 176.30 High Feb 26
*PRICE: 176.19 @ 04:47 GMT Feb 27
*SUP 1: 175.13 Low Feb 24
*SUP 2: 174.77 Low Feb 21
*SUP 3: 174.59 20-day EMA
*SUP 4: 174.28 Low Feb 19
Bund futures retain their current bullish form and managed to achieve a fresh
high print yesterday of 176.30. The recent break of the Jan 31 high of 175.30
confirmed a resumption of the uptrend in place since Jan 2 and maintains the
bullish price sequence of higher highs and higher lows. The next objective is
176.71, a Fibonacci projection. On the downside, initial support lies at
Monday's 175.13 low.

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