(M18) Continued Rise Eyes An.............>

BUND TECHS: (M18) Continued Rise Eyes An Opportunity To Reach 1% Vol Band

*RES 4: 161.13 Jan 23 high

*RES 3: 160.89 61.8% Fibo of 163.78-156.22

*RES 2: 160.40 1% volatility band

*RES 1: 160.24/27 Sep 28 low, intraday high

*PRICE: 160.26 @1500GMT

*SUP 1: 159.84 May 23 high, now support

*SUP 2: 159.50 May 21 high, now support

*SUP 3: 159.31 Intraday low

*SUP 4: 158.95 Congestion area May 21-22

*COMMENTARY* Has continued to rise today, most latterly through dual resistance

from 160.00. A high of 160.27 so far, just above the Sep 28 low at 160.24. Any

higher and the upper 1% volatility band is likely to come into play, at 160.40

by time today. As a consequence, Wednesday's 159.84 and Monday's 159.50 highs,

now reverting to support. Ideally these hold now but it would currently take a

move  back below the day's 159.31 low to spoil recent upside momentum.