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(M18) Rally Stalls At 159.69, Pullback...>

BUND TECHS
BUND TECHS: (M18) Rally Stalls At 159.69, Pullback Holds 158.82 Support
*RES 4: 160.92 1% volatility band
*RES 3: 160.26 Dec 13 low, now resistance
*RES 2: 160.18 1.618 swing of 159.69-158.89
*RES 1: 159.66/69 Apr 4, Mar 28 highs
*PRICE: 159.42 @0830GMT
*SUP 1: 159.04/05 Hourly support
*SUP 2: 158.82/89 Hourly base Mar 27, Apr 5 low
*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* Last week saw another challenge toward 159.69 but has been unable
to improve on this so far. A high of 159.66 attained before once again
retreating within the recent range. Support from the late March highs at 159.01
was lost but the key near term level at 158.82 remained intact, before seeing
another bounce. Support now from 159.05-159.04. Above 159.69 and look to
160.18-160.26 next.

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