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(H9) Struggling To Break Higher *RES.....>

BUND TECHS
BUND TECHS: (H9) Struggling To Break Higher
*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: 166.41 @ 04:52 GMT Feb 21 
*SUP 1: 165.87 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 have yet to retest their Feb 8 highs at 166.83 and have seen some
slight downside momentum today, putting the focus back on the key 21-dma which
comes in at 165.87. A break below here would suggest a downside reversal towards
the Jan 18 low at 163.84 ahead of the Dec 27 low at 163.15. On the upside a
break above 166.83 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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