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(H18) Fresh Fall Sees 159.57-159.44......>

BUND TECHS
BUND TECHS: (H18) Fresh Fall Sees 159.57-159.44 Support
*RES 4: 161.30/38 Congestion area Jan 10-11
*RES 3: 161.13/18 Jan 23 high, Jan 2 low
*RES 2: 160.75 Intraday high
*RES 1: 160.30/35 Hourly resistance
*PRICE: 160.09 @1625GMT
*SUP 1: 159.57 61.8% Fibo of 156.97-163.78
*SUP 2: 159.48 1.618 swing of 160.11-161.13
*SUP 3: 159.44 Equality fall from 162.04 to 163.78-161.18
*SUP 4: 158.95 1% volatility band
*COMMENTARY* Broke free of the recent 160.97-160.30 range on Tuesday but the
move above has faltered below the Jan 2 low at 161.18. Through here required
before the opportunity arises for a better correction of losses from the Jan 8
high at 162.04 initially and potentially from the Dec 11 peak at 163.78. In the
meantime, support from 160.30-160.00 has given way today, allowing a deeper
159.57-159.44 fall next.

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