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(M18) Rally Exceeds 76.4% Fibo Level,....>

BUND TECHS
BUND TECHS: (M18) Rally Exceeds 76.4% Fibo Level, 159.01-158.82 Support
*RES 4: 160.98 Dec 11 high
*RES 3: 160.26 Dec 13 low, now resistance
*RES 2: 160.20 1% volatility band
*RES 1: 159.69 Mar 28 high
*PRICE: 159.22 @0702GMT
*SUP 1: 159.01/09 Mar 22-23 highs, hourly support
*SUP 2: 158.82 Hourly base Mar 27
*SUP 3: 158.53/55 Initial rally high Mar 22, Mar 23 low
*SUP 4: 158.30/35 Mar 19, Mar 16 highs, now support
*COMMENTARY* A further upside burst late in the day on Tuesday, produced a run
toward the 76.4% Fibo retrace level at 159.48. This was superseded Wednesday,
with a high of 159.69 so far. Above and currently not much showing until the
upper 1% volatility band at 160.20. Support from between 159.09-159.01 and then
more importantly from Tuesday's intraday base at 158.82. Loss would concern now
and open up corrective possibilities of gains from 157.67. 

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