(H18) Enters Area Of Anticipated.........>

BUND TECHS: (H18) Enters Area Of Anticipated Support From 161.58-161.39

*RES 4: 163.27 Dec 18 low, now resistance

*RES 3: 162.90/91 Dec 14, Dec 13 lows, now resistance

*RES 2: 162.48/50 Dec 20 high, hourly recovery high Dec 19

*RES 1: 162.15/25 Hourly resistance

*PRICE: 161.74 @0809GMT

*SUP 1: 161.58 Dec 20 low, 61.8% Fibo of 160.24-163.78

*SUP 2: 161.47/49 76.4% Fibo of 160.76-163.78, Nov 14 low

*SUP 3: 161.39 1% volatility band

*SUP 4: 161.08 76.4% Fibo of 160.24-163.78

*COMMENTARY* The decline has continued, losing support from both 162.03 and

161.93. Has so far come to a halt at 161.58, this a 61.8% Fibo retrace of gains

seen since the 160.24 low of Sep 28 this year. Any lower and the hope is that

the 161.49-161.39 area will then act as a brake, to the 76.4% Fibo retrace level

at 161.08. In the interim, look to 162.15-162.25 for initial resistance ahead of

the most recent recovery highs at 162.48-162.50.