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(H18) Focus Again On The 161.18-161.08...>

BUND TECHS
BUND TECHS: (H18) Focus Again On The 161.18-161.08 Region
*RES 4: 162.79 Dec 4, Dec 5 lows, now resistance
*RES 3: 162.37 Dec 27 high
*RES 2: 162.17 Hourly recovery high Dec 28
*RES 1: 161.82/86 Jan 3, Dec 29 highs
*PRICE: 161.55 @1556GMT
*SUP 1: 161.08/18 76.4% Fibo of 160.24-163.78, Jan 2 low
*SUP 2: 160.96 1.618 swing of 161.50-162.37
*SUP 3: 160.76 Oct 25 low
*SUP 4: 160.35 1% volatility band
*COMMENTARY* Has faltered within the 161.80-161.86 resistance area, once again
leaving the downside vulnerable. The 161.18-161.08 region again becomes the
centre of interest. Any lower and the swing target at 160.96 is the protection
against a deeper 160.76 fall. Some minor resistance developing between 161.60-70
but it remains a break through 161.86, that is required to instigate a better
correction and challenge 162.17 and the next key level at 162.37.

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