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(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.

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