(H0) Firmer For Now *RES 4: 173.62.......>

BUND TECHS: (H0) Firmer For Now

*RES 4: 173.62 Trendline resistance drawn off the Sep 3 high

*RES 3: 173.61 High Nov 28

*RES 2: 173.30 High Dec 4

*RES 1: 172.88 High Dec 11

*PRICE: 172.70 @ 04:36 GMT Dec 12

*SUP 1: 171.83 Low Dec 6

*SUP 2: 171.61 Low Dec 3 and key near-term support

*SUP 3: 171.51 Low Nov 18

*SUP 4: 170.92 Low Nov 8 and primary support

H0 Bund traded higher yesterday. Futures continue to trade between the key

directional triggers of 173.30, Dec 4 high and 171.61, Dec 3 low. The near-term

risk is skewed to the downside however a break of 171.61 is required to expose a

deeper move lower towards 170.92, Nov 8 low. For a bullish focus to return,

price needs to hold above 171.61 and trade through 173.30. This would open

173.61, Nov 28 high and trendline resistance at 173.62.