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(M9) 164 Area Back In Play *RES 4:.......>

BUND TECHS
BUND TECHS: (M9) 164 Area Back In Play
*RES 4: 167.21 138.2% projection from 165.84-166.83 (continuation chart) 
*RES 3: 166.83 High Feb 8 (continuation chart) 
*RES 2: 166.28 High Mar 7 (continuation chart) 
*RES 1: 164.74 High Mar 8 
*PRICE: 164.19 @ 05:03 GMT Mar 12 
*SUP 1: 164.00 Trendline resistance turned support from Feb highs 
*SUP 2: 163.43 Low Mar 7 
*SUP 3: 163.06 Low Mar 5 
*SUP 4: 162.42 Low Mar 1 
Bund futures have given back some gains over recent sessions to bring the 164
area back into focus. This level marks down trendline resistance from the Feb
highs and a close below here would give bears an opportunity for a downside
reversal, with the March 7 low at 163.43 the next downside target. On the upside
bulls look to overcome Friday's high at 164.74 to extend the broader rally.
Above here would put the focus back on the Feb highs on the continuation chart. 

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