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(H0) Uptrend Firmly Intact *RES 4:.......>

BUND TECHS
BUND TECHS: (H0) Uptrend Firmly Intact
*RES 4: 176.71 2.00 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 176.16 Oct 10 High
*RES 2: 175.99 1.764 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 175.86 High Feb 24
*PRICE: 175.34 @ 04:43 GMT Feb 25
*SUP 1: 174.77 Low Feb 21
*SUP 2: 174.28 Low Feb 19
*SUP 3: 174.08 Low Feb 17
*SUP 4: 173.72 Low Feb 12 and key near-term support
Bund futures remain bullish. The recent break of the Jan 31 high of 175.30
confirms a resumption of the uptrend that has been in place since Jan 2 and
maintains the bullish price sequence of higher highs and higher lows. The focus
is on a climb towards 175.99 next, a Fibonacci projection. If this level is
cleared, it would open 176.71 further out. Initial support lies at Friday's
174.77 low although, a firmer support is seen at 174.28, the Feb 19 low.

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