(M9) Focus Returns To 166 *RES 4:........>

BUND TECHS: (M9) Focus Returns To 166

*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: 165.68 @ 05:06 GMT May 6 

*SUP 1: 164.82/73 Low May 3/55-dma 

*SUP 2: 164.06 Low Apr 17 

*SUP 3: 163.63 Low Mar 19 

*SUP 4: 162.42 Low Mar 1 

Bund futures are looking to recover the key 166 level marking the April 3,10

highs after global trade fears have put a bid back into the space. 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. On the downside bears look for a break

below Friday's low at 164.82 and the 55-dma at 164.73. Below here would open the

April 17 low at 164.06 ahead of the March 19 low at 163.63.