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(M18) Decline Nears Fibo Support From....>

BUND TECHS: (M18) Decline Nears Fibo Support From 157.55
*RES 4: 158.95 Apr 13, Apr 17 lows, now resistance
*RES 3: 158.74 Apr 16 low, now resistance
*RES 2: 158.64 Hourly recovery high Apr 19
*RES 1: 158.25/40 Hourly resistance, Apr 20 high
*PRICE: 157.76 @0718GMT
*SUP 1: 157.62 Intraday low
*SUP 2: 157.55 61.8% of 156.22-159.69
*SUP 3: 157.27 1% volatility band
*SUP 4: 157.16 50% of 154.62-159.69
*COMMENTARY* Another vain attempt to challenge March's 159.69 high seen last
Wednesday, a high of 159.55 before falling away quickly again. The decline has
since gathered pace leaving 158.55 support behind and breaking clear of the next
key level at 158.15. Today has been beneath next downside targets between
157.75-157.72, with 157.55 then the next protection to the lower 1% volatility
band below. Nearest resistance comes from 158.25-158.40. 

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