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(H18) Still Trying To Break Clear Of.....>

BUND TECHS
BUND TECHS: (H18) Still Trying To Break Clear Of 163.67 Resistance
*RES 4: 164.40 76.4% Fibo of 165.69-160.24
*RES 3: 164.21 1.618 swing of 163.67-162.79
*RES 2: 163.99 1.618 swing of 163.32-162.24
*RES 1: 163.67/69 Dec 1, Dec 6, 7 & intraday highs
*PRICE: 163.62 @1223GMT
*SUP 1: 163.00/17 Hourly support, Dec 8 low
*SUP 2: 162.79 Dec 4 low
*SUP 3: 162.57 Nov 30 high, now support 
*SUP 4: 162.24 Nov 30 low
*COMMENTARY* Having yet another attempt to break through 163.67 resistance, this
now the fourth time of trying this month. While this area continues to cap, then
look to Friday's 163.17 low and then 163.00 for initial support of note and the
protection against a deeper 162.79-162.57 setback. A successful move through
163.67 has the first of two swing targets at 163.99 next, with the second at the
higher 164.21 level, before we reach the 76.4% Fibo retrace at 164.40.

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