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(H9) Bears Need To Break 21-DMA *RES.....>

BUND TECHS
BUND TECHS: (H9) Bears Need To Break 21-DMA
*RES 4: 170.00 Resistance 
*RES 3: 168.42 High Sep 9 2016 (continuation chart) 
*RES 2: 167.00 Channel top (continuation chart) 
*RES 1: 166.83 High Feb 8 
*PRICE: 166.34 @ 04:43 GMT Feb 27 
*SUP 1: 166.11 21-dma 
*SUP 2: 163.84 Low Jan 18 
*SUP 3: 163.15 Low Dec 27 
*SUP 4: 162.51 Low Dec 13 (continuation chart) 
Bund futures edged back from range highs yesterday to bring the key 21-dma back
into focus. Bears need a close below 166.11 to gain the upper hand. A break
below here would suggest a downside reversal towards the Jan 18 low at 163.84.
To reignite upside momentum bulls need to take out the Feb 8 high at 166.83 to
suggest a continuation pattern. Above here would open the channel top at 167.00
ahead of a run at the Sep 2016 high at 168.42 on the continuation chart. 

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