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(H18) Still Playing Within This Year's...>

BUND TECHS
BUND TECHS: (H18) Still Playing Within This Year's Small Range
*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: 161.86/87 Dec 29, Jan 5 highs
*PRICE: 161.58 @0842GMT
*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: 160.59 Oct 6 low
*COMMENTARY* Still entrapped within this year's now 161.87-161.18 range, the
latest rally to the topside leaving hourly conditions near overbought. This once
again leaves the downside vulnerable to further investigation but it will take a
loss of the slightly lower 161.08 Fibo support before attention can switch to
the swing target at 160.96 and perhaps the Oct 25 low at 160.76. Above
161.86-87, and look to 162.17 ahead of the next key level at 162.37.

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