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(M9) Bulls Look To Recover 166 *RES 4:...>

BUND TECHS
BUND TECHS: (M9) Bulls Look To Recover 166
*RES 4: 166.83 High February 8 
*RES 3: 166.75 High March 28 
*RES 2: 166.00 High Apr 3,10 
*RES 1: 165.47/53 21-dma/down trendline resistance 
*PRICE: 165.22 @ 04:59 GMT Apr 18 
*SUP 1: 164.06 Low Apr 17 
*SUP 2: 163.63 Low Mar 19 
*SUP 3: 162.76 38.2% retracement of Sep-Mar advance 
*SUP 4: 162.42 Low Mar 1 
Bund futures received fresh bullish impetus on Thursday to return the focus to
the upside with the the 21-dma and down trendline resistance coming in at
165.47/53. Above here brings the key 166 level into focus with a break opening
the March 28 highs. Bears focus is on Thursday's low at 164.06. A close below
here would bring the March 19 low at 163.63 into play ahead of the 38.2%
retracement at 162.76.

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