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(M9) 21-DMA Acts As Support *RES 4:......>

BUND TECHS
BUND TECHS: (M9) 21-DMA Acts As Support
*RES 4: 168.20 Channel top resistance 
*RES 3: 167.00 Bull flag breakout target 
*RES 2: 166.75 High March 28 
*RES 1: 166.00 High Apr 3,10 
*PRICE: 165.59 @ 05:04 GMT Apr 30 
*SUP 1: 165.40 21-dma 
*SUP 2: 164.64 55-dma 
*SUP 3: 164.06 Low Apr 17 
*SUP 4: 163.63 Low Mar 19 
Bund futures have edged back from the key 166 level with bears now looking for a
break below the 21-dma at 165.40 to reignite some downside momentum towards the
55-dma at 164.64. A close below the April 17 low at 164.06 would bring the March
19 low at 163.63 into play. Bulls look to take out the key 166 level marking the
April 3,10 highs. A close above here would shift the focus back to the March 28
highs at 166.75 ahead of the bull flag breakout target at 167.00.

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