(H18) Fibo Levels Give Way,..............>

BUND TECHS: (H18) Fibo Levels Give Way, 158.25-157.95 Potential

*RES 4: 159.74 Jan 26 low, now resistance

*RES 3: 159.33/43 Jan 31 high, hourly high Jan 29

*RES 2: 159.10/20 Congestion highs Jan 30/31

*RES 1: 158.85/95 Hourly resistance

*PRICE: 158.42 @0815GMT

*SUP 1: 158.25 1.618 swing of 158.66-159.33

*SUP 2: 158.15 1% volatility band

*SUP 3: 158.05 1.618 swing of 160.24-163.78

*SUP 4: 157.95 6 month bear channel base projection

*COMMENTARY* Opens lower again today, moving below dual Fibo support from

158.58-158.55. This now sees an area of congested support from between

158.25-157.95, as the next potential target zone, as we continue the correction

of the 148.23-168.86 rise seen between mid 2015-mid 2016. As a consequence,

resistance also falls, 158.85-158.95 initially, 159.10-159.43 a tougher

proposition higher.