(M0) Remains Vulnerable *RES 4: 175.25...>

BUND TECHS: (M0) Remains Vulnerable

*RES 4: 175.25 High Mar 16

*RES 3: 174.00 Round number resistance

*RES 2: 172.46 50-day EMA

*RES 1: 171.39 High Mar 18

*PRICE: 169.29 @ 04:47 GMT Mar 20

*SUP 1: 167.52 Low Mar 19

*SUP 2: 167.18 Low May 27 2019 (cont)

*SUP 3: 166.86 Low May 23 2019 (cont)

*SUP 4: 166.00 Round number support

Bund futures fell sharply again Thursday. The recent move lower has wiped out

all of this year's gains. This week price also traded through the 50-day EMA to

highlight a reversal rather than a correction at this stage. Furthermore, a

large double top on the RX1 chart highlights a potential broad based bearish

reversal. Price action over the coming weeks will be key. For now, The focus is

on 167.18 and 166.86 next, Fibonacci projection levels. 171.39 is resistance.