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(H9) Bullish Pennant Breakout *RES 4:....>

BUND TECHS
BUND TECHS: (H9) Bullish Pennant Breakout
*RES 4: 166.40 High Feb 24 2017 
*RES 3: 166.00 Resistance 
*RES 2: 165.83 High Sep 5, 2017 
*RES 1: 165.54 High Jan 24 
*PRICE: 165.33 @ 04:59 GMT Jan 25 
*SUP 1: 165.00 Pennant breakout now support
*SUP 2: 163.84 Low Jan 18 
*SUP 3: 163.15 Low Dec 27 
*SUP 4: 162.51 Low Dec 13 
A bullish pennant breakout occurred yesterday on the back of the ECB meeting,
extending the rally towards the Sep 5, 2017 high on the continuation chart.
Bears need to see a break back below the 165.00 level to gain some breathing
room and look to target the the Jan 18 lows at 163.84. A break below would open
the Dec 27 low at 163.15 ahead of the Dec 13 low.

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